I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Tuesday, November 10, 2009

SPX Short and Medium

I have added some ambiguity (unfortunately) based on the recent moves in the Dow (see: What is the Dow Telling Us?)

I still see and count the move up since Nov 2 as corrective and think we have a large impulse down coming for the next couple of weeks. Past that is now in question.

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