Stock Market Today: Is This Just An Ordinary Pullback?

Dan Russo

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

Author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

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