Bloomberg reported that insider selling in the S&P stocks reached a record last week after the markets made a new yearly high.  This is another sign of internal weakness to add to the already long list.  The risk to reward proposition on the upside is looking less attractive with each passing day but as I mentioned last week, it’s tough to fight the Fed.

Check out this weeks market analysis featuring the MTPredictor Elliott wave and Fibonacci trading software for stocks, commodities, futures and forex.

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Tags: bloomberg, commodities, day trading, elliott wave, elliott wave software, fibonacci, fibonacci trading software, forex, futures, insider selling, internal weakness, mtpredictor, mtpredictor trading software, new yearly high, risk to reward, S&P

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