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Video Market Recap Friday, December 4, 2015 - SPY NYA TLT UUP GLD GDX MUB USO UNG

12/11/2015

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​Really a wild week with lots of market-moving events occurring within a short period of time. The markets perceived Mario Draghni’s speech on Thursday negatively. Friday’s positive reaction to the jobs report almost completely negated the Thursday’s drop. Overall the S&P 500 barely moved for the week as it added 0.06 points or 0.03%. I still think that we may have a bona fide Outside Reversal on the chart of SPY and if I am correct, we should see at least a retest of November lows soon.
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