1215

No surprise for the last two trading days we have closed around the 1215 area. So fascinating to see technical work and we got to come to reason the markets will do what it will do no matter the news which i call technical noise. Now for this week and maybe as soon as overnight are number to watch is 1190. 1190 is the magic number for the bulls as a lower close would nullify the bull flag on the longer time frame. 1190 is do or die in my opinion and lets face it we only have a month left for the market to try and assume some rally to make it a positive year though just marginal.