Video Market Recap For The Week Ending Friday June 5th, 2015 SPY IWM KRE TLT AGG GLD GDX UNG

The S&P 500 ended the week on a rather weak note, closing below the 50-day moving average. MACD indicator for $SPX is also very close to a centerline crossover. The ITBM (breadth momentum oscillator) is also in the negative territory and still falling. Could more downside be in the cards for $SPX? It is certainly a possibility.  Read the rest of this post here