Stocks At The Crossroads: Breakout Or Breakdown?

The U.S. stock market has once again arrived at a critical juncture. Following a period of heightened volatility in December and a generally poor January, U.S. stocks have surged back to life since the start of February. Over the course of just two short weeks, the market has found its way from the bottom to the high end of a trading range that has been in place since November. And as we enter a new trading week at a crossroads, it is reasonable to consider whether stocks will fail at this level just as they did at the end of December or whether they are poised to breakout to the upside.

Please click on the link to read more of my article on Seeking Alpha.

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