John Roque Technical Analyst WJB Capital Group Stock Market Weakness Ahead Video
New York, NY – John Roque of WBJ Capital Group is hinting at further stock market weakness ahead. The technical analyst said that after the market recently dropped 4% or 5% below its 50 day moving average, he expects any short term bounce in the days ahead to be brief and that a move down to 7% to 8% below the S&P 500 200 day moving average may be ahead. That would lead the market down to roughly 950 on the S&P 500 – another 10% lower than closing prices on February 9, 2010.
John Roque Video:
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