Just awesome, those who dont believe in technical analysis are plain STUPID. Spoke about it yesterday that everything was set up for us to bounce today and yep we did. I have no idea about tomorrow as we have options expiration so it is not a gimme what they will do.
As of now S&P should have a upside target of 1224 which is the .50 retracement then 1245 which would be a nice short again. Lets see how it plays out
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- Bring real information to the average person about the Financial markets. I am a technical trader that uses alot of technical tools such as Fibonacci, Bollinger Bands, MACD, TRINS, VIX to read the markets
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