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MacroVoices #370 Adam Rozencwajg: Energy, Gold, Copper & Uranium

Macro Voices

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The S&P 500: What Are the Levels You're Watching?

The S&P 500 is expected to close above 4200 on Thursday. The implied move for the April 21st Op-Ex, again, because we're recording on the expiration date for today on Thursday, is 110 points in the direction. If you get below 4050, expect a fast move to 4000 or so. I'm slightly bullish the next couple of weeks, but I'm bearish overall in the mid-term.

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