2pm update - minor chop continues

US equities continue to see minor chop in the sp'1850s, and indeed, the recent low of 1814 now looks a fair way lower. With the weekly charts flipping back to bullish (in some aspects), market appears to have seen a clear turn...just ahead of the long 3 day Easter weekend.


sp'daily5

sp'weekly8

Summary

Even if we pull back to the 1840s late today..or tomorrow, the damage has been done.

I'm resigned to broad upside for the next few weeks, as sickening as that might sound to some of you out there.
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For me, any new market shorts are off the agenda for some considerable time. As it is, with a holiday near, I have little interest in getting involved (long side) until early next week.


2.38pm.. minor price chop....every little pull back is being bought.