September marked the 5th straight monthly decline for the S&P 500, and yet the indexes remain range-bound for now.'' A break could be imminent, and with short-term lower highs in place, that’s not an encouraging sign for the bulls.
As we head into a brand new week of trading, let’s examine some important levels to keep an eye on in the days ahead. That will have the greatest influence on how individual stocks are going to move, so it’s where the trading week begins.
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Trade Like a Bandit!
Jeff White