In today’s video, we once again look at the S&P 500 for support and resistance clues, with a twist.  The recent trendline that was very steep has been broken. It didn’t fail by much, but if there is more to go we can consider a regression channel.

 

about the author:

Dan O'Brien

Dan O’Brien has had a long, experienced career as a trader, a broker and an educator. He has a tremendous track record calling trading signals in the S&P 500 and major stock names. Dan has developed all the tools with his over 20+ years of experience in the business - top-notch technical acumen, an in-depth understanding of market fundamentals, a disciplined approach to trading and a patient style of teaching.

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