if COMPX closes above 1283 got to flip sides and say COMPX will get a move to 1388 minimum. VXN was at decision point today, and unless we have weak close COMPX is a long for at least next Friday ,IMO.
SPX move above 20ma too brief and fleeting, so we have bullish signal on SPX also, for at least next Friday as well.
That the 5.7 was jiggerydoo is irrelevant it will be used to bang the economy is in recovery until something reverses that---a strong close says the Hedge Funds are playing the longside.
And the 5.7 maybe only excuse the MF money managers needed to start buying. Max
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