The S&P 500 lost ground four days in a row this week, but managed to gain back some ground on Friday. Friday’s corrective relief rally was probably enough to relieve the pressure exerted on the index by the four days of downward momentum, paving the way for the S&P’s downward trek to resume next week.
The S&P 500 lost ground four days in a row this week, but managed to gain back some ground on Friday. Friday’s corrective relief rally was probably enough to relieve the pressure exerted on the index by the four days of downward momentum, paving the way for the S&P’s downward trek to resume next week.
http://www.globaldeflationnews.com/sp-500-indexelliot-wave-update-for-week-ending-1032014/