As things stand now in the future market, it is as if yesterday did not happen
this is S&P futures
I repeat what I said: a move above 1143 may indicate that the uptrend is about to resume.
Gold is living its own life
and dollar is getting a beating
this is Euro in dollars
So, future market is whipping the shorts, gold is making a high, and dollar is as weak as it was two days ago -- as if yesterday did not happen.
Regardless, I shall keep an eye on 1140-1143 on S&P for the short term (the level may change during the day), keep an eye on the Bucky, and keep an eye on gold
Have a Nice 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