1217 is heavy resistance on S&P which is Support and resistance point from the 08 crisis. Above that we have 1230 which I touched on couple weeks ago. Today does not change my view of us forming a topping pattern but we will see.
The information posted on this blog should NEVER be taken as advise to buy or sell securities, options, currencies or futures. This blog is for my entertainment only, as I map out my feelings about the stock, options, futures and currency markets.
You should always make your own trading an investment decisions after you carefully think through the risks involved.
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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