The first week of February opened at 1936.94 and ended the week at 1880.05 for a drop of 56.89 points or 2.9% but with all 5 days investors saw big swings up and down. By Friday though, the S&P had broken down to close at 1880 just above the important 1870 support level. This is the low from the August sell-off.
Historically Bearish
Historically speaking the second week of February has been bearish…… the rest of The Week Ahead article is for FullyInformed Members.
The Week Ahead – Second Week Of Feb 2016
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- Oil, China, Earnings – First Week Of February
- Will The Rebound End – Final Week Of January
- Strategies For Profiting In Downturns – Second Week Of January
- Fresh Profits To Start Off 2016 – First Week Of January
- Review Past Week Ahead Articles (listed recent to oldest)
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