This week we have a stock market forecast for the week of 12/5/21 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!
The S&P 500 (SPY)
All the waiting and watching has paid off nicely as the S&P has topped and started to trend lower in earnest. This "break" will freak some folks out, but I still believe my forecast will prove true that this selling will catch a bid and reverse the market for a short period of time. Once that momentum burns off, a lower high will form, completing a "head and shoulders" pattern, and THEN WE CRASH. Continue reading "Weekly Stock Market Forecast"