Don't argue with the market. It closed above pivot 624 and should continue up for at least one to two more days. Near term target is 633ish. Yesterday's action has put the market back in up trend. Sometimes just wonder if PPT (plunge protect team) really exits. It almost always comes out at the critical moment. Now everyone is talking about this inverse H&S that will lead us to new high. One day at a time .....right now the buy signal is on...tomorrow's numbers are 631, 628 and 625.
2c
2 comments:
I've read commentary on a return to the March 17th low, any thoughts on this?
Hi Bernie,
I just don't see it now. Would have been a believer 3 days ago. OEX will have to break 621 to the down side, now it is at 640....
2c
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