sp'daily5
R2K, daily
Summary
*I am long the R2K from 1054, seeking the 1070s by next Mon/Tuesday.
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With no downside power, VIX is already marginally red.
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Thursday 12 September 2013
11am update - a day of upside melt
The main market is again more than able to rebound from any opening minor downside. With the weekly charts pushing higher (lead by Nasdaq), there is little reason why the market won't melt higher into next week. For the bulls, a weekly close of sp'1700 is now a valid target.
sp'daily5
R2K, daily
Summary
*I am long the R2K from 1054, seeking the 1070s by next Mon/Tuesday.
--
With no downside power, VIX is already marginally red.
-
sp'daily5
R2K, daily
Summary
*I am long the R2K from 1054, seeking the 1070s by next Mon/Tuesday.
--
With no downside power, VIX is already marginally red.
-