Chris Ciovacco: On May 6 with the S&P 500 (INDEXSP:.INX) trading at 1,369, we presented evidence of slowing bullish momentum. Thus far, we have seen little in the way of hard evidence to suggest a bottom was reached last Friday. However, we have seen enough to suggest(...)
Read the rest of Is This A Bottoming Process or Bearish Acceleration? (EUO, FXE, VEU, SPY, INDEXSP:.INX)