- Apr 5, 2018
Market update: technical level defended, smart money resilient, short term bullish on S&P500.
In our first market update on the first signs of market weakness, The US Market Sell Off. Is this the end? dated 5 Feb, we said the there "is still room for a further drop". Check. It did. Next, after a second drop in the S&P500 in March 26, in our next update Intermarket Analysis: Trump Tariffs & Expensive Markets. Remove chips and buy defense., we said "To summarize, the bull market is still intact as it is not proven that Trump's tariffs is sufficient a catalyst to usher i