Markets have been acting tired recently and we have been giving the benefit of doubt to the buyers until they broke below the 5 day moving averages this week. This week saw the SPY go back to the negative column year to date and the volatility emphasizes why trading is a way to stay ahead of what the market is doing. The video below takes a look at trends and scenarios for the week ahead.
Have a good weekend!
I did a radio interview with the Benzinga team on Friday morning before the market opened. THIS LINK takes you to a nice write up about it and the recording as well. The Benzinga.com crew does a great job, take a look at their other services while on the site.