Tuesday, 16 September 2014

2pm update - blue skies

A number of factors have contributed to today's climb back into the sp'2000s... but regardless of those... price action/structure are back to very bullish conditions. Daily cycle is offering 2010 in the immediate term... weekly cycles offer 2030.


sp'60min


Dow, daily


Summary

*notable new historic high on the Dow.
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..even to me... this is starting to get kinda stupid..not least being a mere day ahead of the FOMC announcement.
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Regardless...still bullish London sunsets


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