I would like to see us hit the Daily 50MA at the least..That is around 1477 right now...Sure not giving up very easy..Big deadline looming and the market is just ignoring that..Guess Da Boyz can now time the market with perfection and will be able to get out at the exact right time..Looks like the country will actually have to go bankrupt before we see a down in the market...
SPX 60 min Phase 1 closed in it's 4th trading hour, it is well below it's projected low, the SPX Daily price is way below the Daily LTL, the SPX Weekly price has dropped well below the Weekly UTL, so tomorrow a Daily Phase 1 confirmation is very likely, however, a Weekly Phase 1 at this point is still not very likely, will have to see how long and deep this Daily Phase 1 will be. If a Daily Phase 1 is confirmed tomorrow, the current projected low is at 1460.31, if the SPX 60 min Phase 1 extends, I will add a SSO position. Then I will look at adding another SSO position when the Daily low is due.
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