Getting Technical: Weekend Update
Here's the latest weekend update from Serge Perreault, a Chartered Professional Accountant and market technician located near Montreal, Canada. Serge has been following the U.S. market in a series of weekly charts. Here is his update on the S&P 500.
The S&P 500 continued its ascension, on 0.3% below-average volume and on mixed & near-resistance momentum.
Note also that:
Note: For newcomers to technical analysis, here are brief explanations for the two key indicators that Serge features:
(c) Serge Perreault CPA Inc.