What Goes Up Must Come Down

Chasing the tail end of the rally is likely not a good idea

   

The S&P 500 has seen some pretty wild gains over the past few trading sessions. John Lansing explains how the technicals support further upside to at least the 1700 level–and also why you shouldn’t try to chase this  “last inning” of the rally.

InvestorPlace advisor John Lansing tracks the charts all day and offers expert technical analysis in his day trading, options and trading services: Power Trading at the Open, Parabolic Options and Trending123.  For a great deal on Parabolic Options, click here.


Article printed from InvestorPlace Media, http://investorplace.com/247trader/what-goes-up-must-come-down/.

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