S&P got it mark today and we will see how they move us tomorrow. Option expiration for crude expired today and I suspect alot of the upward movement in the market was contributed to the sell off in Oil.
I think the financials are overbought here and SHOULD get a pullback but as we know things dont follow logics most of the time. $145 should be the target on the SKF if we pullback then we will analyze when we are there again.
I would not be surprised if we push up to the 1290 on the S&P but that will be heavy resistance and I will be looking to short some tech and futures up there.
Market is very hard to trade these last two weeks so don't push it, better to play some options and let them ride at least your risk is defined.
Awesome play this morning cashing in on the the SKF - AWESOME.
ONLY WINNERS HERE !!!!!!!!!!!!!!!!!!!
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