The S&P has been making very interesting moves and in this highly technical video Adam Hewison shows his thoughts on the S&P and its something youâll want to see.
Title : Has the S&P broken final support?
Title : Has the S&P broken final support?
In Hewison's last video on the S&P 500 (10/27),he indicated that this market may have topped out for the year. Todayâs action puts in place a weekly âTrade Triangleâ which indicates that a temporary or a permanent top is now in place for this market.
In this latest video, Hewison shares some of the ideas that may potentially come into play for this market. Not only are there some downside targets in mind, but also see a pattern that could evolve in the next several weeks which will confirm weâve made a serious high in this market.
As usual, we're impressed by Hewison's trading know-how, and it always makes for food for thought.
