Where is the market headed?

The markets are behaving, with the S&P500 consolidating around the expected baseline of 1950.  (See previous article Sep’15:   S&P500 resets from 2100 to 1950  ) I suspect the worst isn’t over yet and prices will move lower in the coming weeks or months.  Overleveraged Energy/Commodity sectors haven’t capitulated and global trade remains shadowed by overcapacity.Continue reading “Where is the market headed?”