The recent rally should continue to 2600.
Rally to 2600
Posted 02 January 2019 - 12:09 PM
Odds favor a green close for the major indices. I see a strong bounce in the late time today ............
Edited by redfoliage2, 02 January 2019 - 12:11 PM.
Posted 02 January 2019 - 01:03 PM
Internals confirmed a ST bottom that should support the current rally to at least 2600 in one to two weeks.
My FF for today's close: SPX 2530.
Edited by redfoliage2, 02 January 2019 - 01:08 PM.
Posted 02 January 2019 - 02:01 PM
VIX dropping fast today and will be under 20 soon..............
Edited by redfoliage2, 02 January 2019 - 02:02 PM.
Posted 02 January 2019 - 05:36 PM
FAANG stocks should be delisted and put in a separate index, too much weighting for the majors.
Posted 02 January 2019 - 06:14 PM
A rotten apple ruined everything - AAPL issued an earnings warning after the cash market closed.