It seems like with each passing week a bigger battle between the bears and bulls is emerging. Ultimately what this means is that a big move (up or down) is likely to happen soon enough – and the case can be made for either side at this point.
In Adam’s latest video analysis he takes a look at some of the key technical points that are still in play and where the market needs to go in order to break out of the current logjam that it’s in.
Watch the video – A battle royal in the S&P 500
More on this topic
(What's this?)
Economist Gary Shilling: S&P 500 will drop 43% this year?
(Value Investing, 4/11/12)
Is This Bull Market Over?
(Investment U, 4/16/12)
Sell in May and Go Away? No Way!
(Wall Street Daily, 5/10/12)