Markets have shrugged off the Jobs report (no one expected much better than what was reported) and the Euro crisis seems to be approaching a more stable status (not settled but anxiety has subsided since Wednesday).
Am looking for a relief rally, mini melt-up of 60 to 70 SPX points, resistance at 1320/1330.
Financials leading the way but tech not lagging too far behind.
Of course, I could be wrong. If I am, then we will see 1190 in a few sessions.
Mini Melt-up starting today or next week, SPX 1320
Started by
dTraderB
, Nov 04 2011 12:55 PM
No replies to this topic