Continuing this call - I think we'll see at least 2 consecutive positive closes for the next two following days and most likely trade above 2820 by end of week. I am not trading this call as I'm strictly day trading, but I'd like to practice my prediction skills over a longer time horizon also.
Hell of a rise at that The bounce was expected but it exceeded my area slightly Great time to sell some juice into OE
Yes. It was expected but a little larger than I thought it would be when I called it Fri. ---Looking for short opportunities in this bear market. We'll see what tomorrow brings.
Reasoning ? I have SPX trading in 2800-2644 range On SPX I have turns at 2785, 2795 and 2800 A short covering tally was expected from the objective hit last Friday. I still think we have a short term too in SPX until we revisit 2640's