- Posted July 16, 2014 by
Is this Stock Market Top for the year, or just the summer?
For the market to make a top is difficult with the FOMC competing with investors for securities. Never the less every once in a while that markets give this IReporter an indication that it is time for the markets to go in the other direction for a while. This appears to be such a time.
The above chart shows when it was reported to the Advanced Andrews Course Group and one of the charts we were looking at at the time.
If it goes down for the next few weeks from here, how far down will it go? More on that at a later report.