Courtesy of Doug Short
Here’s the latest weekend update from Serge Perreault, a Chartered Accountant and market technician located near Montreal, Canada. Serge has been following the U.S. market in a series of weekly charts. Here is his update on the S&P 500.
The S&P 500 fell back inside its previous sideways trading range, on mixed momentum and on 5.8% above-average volume.
The S&P 500 fell back inside its previous sideways trading range, on mixed momentum and on 5.8% above-average volume.
Note: For newcomers to technical analysis, here are brief explanations for the two key indicators that Serge features:
