December 03, 2012 at 10:55 AM EST
S&P 500 Index at a Crucial Crossroad
We had an interesting 131-point S&P 500 (INDEXSP:.INX) decline from the summer-fall highs of 1474 to the recent 1344 lows.  Interesting because in the work that I do I focus on crowd behavioral patterns sentiment and Elliott Wave Theory.  There is no one technical analysis methodology that works all the time so it’s important to incorporate other elements into your work to help with some clues.  Let’s examine the crossroad we are at right now around 1420 on the S&P 500 and why the next move may be a "tell " as they say in poker. The correction from ...
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