Since the election, all major indexes have turned sharply downward on the back of unresolved “fiscal cliff” issues. The S&P 500 and the Dow Jones Industrial Average are now approaching areas of significant support, leaving many investors on edge.
The S&P 500 is trading near support around 1,300. It was a fall through this support level that ignited the further crash in October, 2008. Since that crash, ...Continue Reading →