Market seems to be in a Waiting-For-Godot mode around the support of 1070.
What is Godot to them? Who knows? Benny money, more shorts, divine guidance ????
If I could script it, I would engineer a squeeze rally of mass proportion to really screw up the bears
This is a VWAP chart of yesterday close with some well-defined levels.
I am done for the day.
S&P 500 – May 15, 2012 - Bottom Line: Long term trend is up. Mid-term trend is down. Short-term trend is down Weekly S&P stage is Late Advance (2-C) Daily S&P stage is Strong Decli...
1 year ago