Bounce or New Rally

Currently I am a bit more bearish than I am bullish on the S&P 500. While the market had been moving down, approaching the top of the cloud, we have since seen it turn to the upside. However, we are seeing some resistance overhead which could push the market sideways.

To learn more from Hubert, sign-up for free trading updates at his site,

This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.