S&P Caught Between A Rock And A Hard Place

May 14th, 2009 | Filed under: Financial Markets,

The S&P 500 has definitely made some moves over the last couple of months. Short-term it might seem like a lot has happened, but zoom out a little bit and you will see that we are nowhere near where we want to be.

The following video looks at what is actually developing within the S&P 500. The market seems to be coiling up and looking to break either way out of a triangle. Obviously a break downwards will not be a welcome sight.

Take a second to watch this short video that analyzes the S&P 500.

S&P Market Analysis Video

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Read more on S&P 500 (SPX) at Wikinvest