The past week in the stock market has been decidedly bearish for investors.
We have seen some short-term trend line breaks along with weakening indicators.
The question now is, will this just be a short-term pullback? Or will it be more of an intermediate-term pullback / correction? We discuss the price action across the US and global indexes in today’s video. Here are the highlights:
S&P 500 is attempting to hold the key 2,850 level. We discuss lower support levels in today’s video.
Weakening breadth is a concern for investors.
Global markets are beginning to weaken.
Stock Market Today Video – May 9, 2019
Twitter: @DanRusso_CMT
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