Wednesday, July 24, 2013

Quick Up Date (No Major Change)

S&P - 500 Weekly (Neutral)

  • S&P-500 still in a Bullish Fork
  • A break below support at 1575 would be Bearish
  • As long as the Fed keeps pumping billions into the market, the Bulls will keep winning
  • When QE stops, Bears will start to gain control, but until then....