Stocks were down across the board for the second week in a row adding to the probability that a major market trend change has taken place. This week’s chart reflects the two most probable scenarios for next week’s market behavior. Both the primary and alternate scenarios presume further downward pressure on the S&P 500 Index by the end of the week.
Stocks were down across the board for the second week in a row adding to the probability that a major market trend change has taken place. This week’s chart reflects the two most probable scenarios for next week’s market behavior. Both the primary and alternate scenarios presume further downward pressure on the S&P 500 Index by the end of the week.
http://www.globaldeflationnews.com/sp-500-indexelliott-wave-update-for-week-ending-3132015/