T2108 Update – From a Roar to Caution: The S&P 500 Tentatively Steps Toward 2017
December 31, 2016 at 12:38 PM EST
The S&P 500 ended 2016 by following through on the bearish trading signals I identified in the last T2108 Update. Friday’s 0.5% loss came on slightly higher volume and on an additional push higher in the volatility index, the VIX.