The S&P 500 has undoubtedly had a great run in the last three months or so. However there are a few signs emerging that this upwards move may be running out of momentum, as Adam Hewison points out in his latest video.

Adam Hewison is the creator of the popular Marketclub service and he uses many of these trading signals and tools to analyse the markets. Therefore in this video (which you can watch by clicking here) you can check out his observations about the S&P 500 and find out where he believes this market is heading in the near future.

He makes some excellent observations and I tend to agree with his overall views however I believe the retracement, when it comes, will take some time to unwind and may not be as large as many analysts are expecting.

 

 

Filed under: Stocks

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