Here's an update from Serge Perreault, a Chartered Accountant and market technician located near Montreal, Canada. Serge anticipated the S&P 500 pullback and has nicely annotated its progress in a series of posts:
Here's an update from Serge Perreault, a Chartered Accountant and market technician located near Montreal, Canada. Serge anticipated the S&P 500 pullback and has nicely annotated its progress in a series of posts:
The S&P 500 is up 0.9% from last Friday. Serge's latest chart shows the index moving upward toward the resistance level, and the Rate of Change indicator (ROC) is also pressing upward to resistance. It's Friday, and there are no bank failures. Are these clues of a reversal?
Click the chart for Serge's full commentary.
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