Tuesday, November 18, 2014

S&P 500 Futures...some (longer term) perspective





















The blue trend line in the chart above has been very consistent since the 2009 lows.

The upper band that I wrote about earlier looks to be about another 25 points higher...call it 2075.

As hard as it may be to stay long / buy dips / not get married to shorts, I think thats the call until the charts say otherwise.







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