sp'60min
Summary
So..we're currently set to open a little higher, although that could easily change within the hour.
*I am seeking to go long-indexes this morning. The R2K 1130s are a very attractive level, I don't see much real chance of <1125 (although I did say the same in the 1150s).
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Doomer reporter... Hunter.. on the weeks news
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Good wishes for Friday trading.
9.23am... I'm suspicious that the opening gains will not hold....with a re-test of yesterdays low...if not last Thursdays low of sp'1952.
Certainly, I'm not much in the mood to chase this market higher. Still seems likely chance for a minor down wave at some point today.
9.36am... minor opening gains.... waiting for another micro down wave.
9.46am.. watching the VIX...
I will look to go LONG-indexes, on the next small VIX up wave...which will likely be a lower low... <15.30s.. probably within 2-3 hrs.