Tag Archives: S&P 500 Analysis

Alpha Investment Newsletter sees 13% downside in the S&P 500 Index in the Near Term

The Alpha Investment Newsletter sees 13% downside in the S&P 500 Index in the near term, which is 230 points downside from current 1800 level to 1570 level. This note is to help investors preserve their profits if they act in time.

New York, Dec 03, 2013Note to Investors:  The S&P 500 Index has been around the critical level of 1800 for last two weeks, and based on the index price movement and volume behavior, the rally seems to be stalling and with high probability of reversal and profit-booking wave in the near term.

The Alpha Investment Newsletter sees 13% downside correction in the S&P 500 Index in the near term, which is 230 points downside from current 1800 level to 1570 level. The downside could extend further to 1480 if news flow gets particularly bad. This correction may unfold in Q1 2014 during Jan-Feb period, triggered by fresh political deadlocks in the USA, and unwinding of overleveraged positions, which are at all time high currently. There is a chance that this correction may even start within December 2013 anticipating such problems in Jan-Feb 2014. Continue reading Alpha Investment Newsletter sees 13% downside in the S&P 500 Index in the Near Term