Friday, May 17, 2013

5/17/13: Already ramping up

SPX wants to get to 1670-1680 range fast.  If not today then next week.  This is also the target for the IHS on the hourly (1648 head, 1660 shoulder).  Hence a breakout would be 1670-1680.

As a reminder we have a full moon on 5/24 so would be good to be cautious moving into that date.

More later...

No comments:

Post a Comment