At what level would I call a trend reversal in the S&P 500? That’s the question I have received at least a dozen times thus far this week. While the price action for the S&P 500 is important, for a trend reversal to be called one also needs to look at confirmation in other parts of the market. Here is my take on where to look.
Watch the short video here: https://www.youtube.com/watch?v=alLxTg5MbUo