Wk05: Market Recap

7 Feb

In last week’s market forecast we talked about a target for the S&P of $1030. We came down to the $1045 level and while Friday’s price action resulted in a large bottoming tail hammer, we feel that after a small bounce we should continue lower. We also saw the Vix spike above the prior swing highs, which we talked about last week as well.

No comments yet

Leave a Reply