Yesterday the S&P 500 (SPX) reached the main goal for the day and sold off as news hit that the health care vote would be delayed till today. Expect headlines around the health care vote to be the main catalyst today. Good news can drive SPX to 2366, bad news down to 2331.
The S&P 500 (SPX) attempted to bounce yesterday but at this point it is not clear whether the bounce is a consolidation that leads to a new low or if the market advances higher. I know I’ve been harping on the bullish prospects but think it still is better to think about continued bounce or […]