Waiting for another leg to drop?
-Good “Black Friday” retail sales appeared to fade over the rest of the weekend, leaving some analysts to stick with their projection that this will be a weak holiday season.
-The Trader Planet Index reading for stock indexes remains in bearish territory.
-A VantagePoint chart from the peak last October (vertical line) shows the S&P 500 Index dropping in a series of stair steps (dashed lines) and potentially setting up for the next leg down.
About VantagePoint Intermarket Analysis Software:
-Forecasts are nearly 80%* accurate
-Uses leading indicators to anticipate market direction
-Thousands of customers in over 90 countries worldwide
-VantagePoint is offered by Market Technologies, an Inc. 500 company founded in 1979
