The cash S&P500 made a slightly lower low on Monday and then rallied to close up (basis Friday). The “… attempted bounce at the start of the week …” has begun. Now we watch to see what kind of “legs” it has. System stop loss (Parabolic SAR on the weekly chart) is now at 1359.68.
I will have a quick review of the new monthly chart tomorrow.
No comments:
Post a Comment