This week the S&P 500 and other major indices tested and held their first supports. $SPX is up a fraction of a percent. $SPX dropped below our stop-loss on Tuesday, but buying was already evident on Wednesday. By end of day on Wednesday $SPX printed a hammer-like candlestick. Next day a powerful rally confirmed that the support held for now.
Read the rest of this post here
Video Market Recap For The Week Ending Friday June 12th, 2015 - SPY QQQ IWM NYA XBI AGG GLD GDX XLE BTU