Friday, July 26, 2013

OWP 07/27-28/13 SPX /ES

You know the drill, share the love and the knowledge.

I'll be around and updating things. If anything jumps out at me I'll post it here or below.

I have a feeling till mid-August will remain agonizingly painful for the bears.

Minis - I did tweak the yellow channel a bit to catch the tops. The Fed is scared as hell of that lower peach diagonal. The bears are thinking a more proper backtest of busted red support here, and the bulls, well, they just see infinite gains ahead. What a great place to close for the weekend eh? They gotta leave you guessing or you may not come back Monday.

Enjoy the weekend.

GL and GB!

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