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 and apparent recovery 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 and apparent recovery in a series of posts:
The S&P 500 closed the week up 3.1% from last Friday — breaking above the down-cycle and the 10-week moving average. Serge's latest chart shows the index approaching down-trend resistance. But volume has been quite weak.
Click the chart for Serge's full commentary.
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