Friday, June 13, 2014

Morning Charts 06/13/14 SPX /es

Quick post this morning -

Please congratulate Mrs. STB for putting up with me for 22 years today. We still got it.

On to the lie -

Can they bring it down on a Friday? Can they bring it down at all? They actually managed a 23% retracement of the most recent run up. That's great, but do you know that a real retracement from here off the November 2012 lows would be to about the 1600 level? Yup. That's one good example of just how overbought this thing is.

SPX Daily -

I will not be here today. I may be able to check in.

Have a good weekend.

GL and GB!

No comments:

Post a Comment

Keep it civil and respectful to others.