S&P 500 Daily Market Forecast

The market had another up day yesterday getting closer to the 2625 resistance level. Stocks are very overbought at this point. This does not mean that the market is not going to go up even further. It does mean however that it is best to stay in cash and wait for the next pullback opportunity. For more information about the Quantopolis Bear Market Indicator and how to trade pullbacks in the S&P 500 with more than 80% success rate please visit Quantopolis.com.