160117 – 5 Signals That Will Prove the $SPY Could Reverse

160117 – 5 Signals That Will Prove the $SPY Could Reverse

2015 was a range bound market that lacked breadth. A few stocks like Facebook, Amazon, Netflix, Google, and Microsoft held up a weak internal stock market. 2016 went into a quick correction of over 10% from all-time highs.

The energy sector and oil continues to go lower and lower. Small caps have fallen below 52 week lows in $IWM. High yield bonds have fallen to July 2009 lows. Markets have stopped bouncing at oversold levels and haven’t found price support. This year has been a downtrend without support and without a bounce, just lower lows and lower highs. Stocks are under distribution. read more

http://www.newtraderu.com/2016/01/13/

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About Philippe Splingart

ArtMaker Creator of the "Spynacker Green Fund" concept, (The "Green Fund Spynacker" Arbitrage Hedge Fund Method with very low leverage ) The reflexion point is to create an alternative in a changing world. Maintain the achievements and wealth of knowledge, Empower creation to develop an alternative management and to activate and enhance the development elements.
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