BAML: S&P 500 Double Top Upon Us, Watch China Market Correlation FactorsMark Melin
We may be in the early stages of an S&P 500 double top, predicts Bank of America Merrill Lynch research. One issue investors should consider is what happens if S&P 500 traders begin to care about weakness in China and specifically the Shanghai Composite index.
Double bottom started the rally, double top may end it
It was a double bottom that started the 2016 stock market rally, Stephen Suttmeier, BAML Technical Research Analyst noted in a May 16 piece, and . . .
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