It took it back though. <g> And now back under. It's all in the futures. They refuse to give up 1142.00, but can't keep it over 1143.00. So we sit wandering in the 1142's. Add about .75 to get fair value for the SPX cash index.
zeev, any take on the triangle formed on the compx? 2000 is right @ the trendline and triangle bottom. a break could lead to a triangle measurement dip of 175 points or roughly 1825. breaks in triangles usually occur before the 2/3s point. we may bounce up to the top given the oversold condition and possible EOM bounce. i'm too chicken to gamble and just took a nice profit in qqq short established in late jan.
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