Mother Nature – One More Reason the Pullback is Not Over

Greg Harmon posts some commentary and technical analysis which makes a compelling case for the pullback to continue. He writes:

The weekly chart of the S&P 500, $SPX, below has been stripped down to easily show the seasonality in the Index that has been visible since the the Financial meltdown. And the story does not look like a happy ending for it this summer.

Read the rest of the article here.