December 17, 2018

Where Is The Market Going?

Friday’s extreme weakness continued into Monday as I suggested would happen late last week. There is always the possibility of a short-term reprieve with news occurring over the weekend, but that didn’t happen to put a bid under the market Monday morning. Stocks plummeted to new lows again.

Where may it be headed? February lows are within sight and may be traded before the FOMC’s next decision.

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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