Quick Take: S&P 500 rally back to key Friday level? (video)

June 29, 2016 12:36 PM

After a much bigger gap lower on Friday morning, the S&P 500 bounced one time to fail in a significant technical area. What happens if it is retested may be a key to the near-term trend.

Rohr International’s active analysis of how short-term activity fits in with the intermediate- and long-term trend indications is another MODERN TRADER advantage.

About the Author

Alan Rohrbach is Lead Analyst and President of Rohr International, Inc.  He is an international equity index, interest rate and foreign exchange trend advisor. His forte is ‘macro-technical’ analysis of how fundamental influences blend with technical aspects to drive trend psychology. Clients include international banks, hedge funds, other portfolio managers and individual traders.