Tuesday, March 13, 2012

UPDATE: RISK ON - SPX heads higher - next stop?

UPDATE (20-Mar-2012): Yesterday's price action touched 1414/1408ES with before opening futures hovering at 1395 overnight after dropping forcefully through 1400.  The markets had paused briefly during this ascent and this may be a similar circumstance.  Next stop?  Trade the price.  Trading on.

A couple of levels that might show some resistance include approx. 1395, and then 1420.  Trading on!

No comments: