Skip to content

S&P 500

We pulled back to the Pivot break out yesterday. In normal times with the market reacting to economic conditions we would expect the rally to resume to our 1275 first target with a high degree of confidence. However, with the markets having their near term air supply controlled by the Eurocrats, we will nervously await news from the summit. A close below 1225 will have us reverse and be short.

 

Leave a Reply

Your email address will not be published. Required fields are marked *