I,m keeping it simple for now .....a few $spx.x calls and xom looks like a chart that wants to head up. Also, this gap below and now moving back up through the 50 day moving average on the S&P Is encouraging. My main confidence builder is the long duration of this 20 week cycle. As always, we've just got to sweat it out! :)
As late as this 20 week cycle is, it sure looks like there is still risk of one more trip down targeting 2300 over the next few days. I don't intend to let the calls I bought yesterday go negative on me. Clues forthcoming today I hope....
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