Market Update

Not a whole lot to report today. The market did close lower than Friday's close but it did so on much lower volume. If you recall I forecasted higher prices at least earlier in the week. I think there's a good probability of that still happening based on the price action and volume of the last couple of days. However, if the S&P Index trades closes below 1065 sometime during this week on high volume that will in all likelihood flip the long term trend down. IF that happens before Friday I will post so you can get prepared to take any action with your broker/adviser. Otherwise, check the blog again after 12pm on Saturday for the next monthly update. Have a great night!