When Is High Too High

As technical traders and investors we are always trying to determine if prices are too high or too low. The goal is to avoid the pullbacks that can be too costly to sit through. We also want to take advantage of the pullbacks that have the odds of providing high odds...

Market Update for 07/07/2016

  The S&P 500 shown with the ETF symbol SPY above is at resistance and consolidating. The size of the retracement from the sharp selloff suggests SPY should be able to move above the resistance area eventually. Of course, that assumes it doesn't fall all the way...