Forecast came true

S&P 500 teeters on major technical support
11 march 2015

Focus: 10-year yield, U.S. dollar, euro, gold, rate-related cross currents

The major U.S. benchmarks are challenging significant support with this week’s downturn.

Most notably, the S&P 500 is retesting its former range top — a level matching the 50-day moving average — and this area remains an intermediate-term bull-bear inflection point.

http://www.marketwatch.com/story/sp-500-teeters-on-major-tec...

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S&P 500 teeters on major technical support

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Forecast came true

Most notably, the S&P 500 is retesting its former range top — a level matching the 50-day moving average — and this area remains an intermediate-term bull-bear inflection point.
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