stopped me, then bounced, but back in again (i'll allow it to stop 3 times before i quite), stop becomes 31.33 close on a 5 min basis. I think this could be a massive run up today. the strength is there, they just need to take the bull by the horns
hey dudee, the s&p was bearish yesterday and last nights and today move says it has more to go up. It takes too long for me to analyze it, so i didn't today. I can tell you the trader chats i've read suggest some were relying on the neckline breakdown on the S&P H&S in the 1495 area. because a lot of people were watching this, and because the index is now above the head, it looks like it might run significantly higher even though it makes no sense.
i might try to analyze it this wknd if not busy.
watching silver for now, longer than i've been for a long long time as of this mornings post.