The US stock market is due for a correction, it has been a wonderful journey going up, a but a reasonable mind must ask is this sustainable? can the US market continue to go up and up and up? the short answer is yes but until when....
In the above analysis I strongly believe that stock market is very close to a correction, further more studies shows that the month of September is the lowest performing month during the year. In addition the SPX have recently reached a key resistance and physiological price of 4,500$. therefore based on the previous reasons I can see a correction to at least 3,750$.
In the above analysis I strongly believe that stock market is very close to a correction, further more studies shows that the month of September is the lowest performing month during the year. In addition the SPX have recently reached a key resistance and physiological price of 4,500$. therefore based on the previous reasons I can see a correction to at least 3,750$.