the news is getting better, 1225-50 looks on cards after a smal blip before 1200.
it will be very surprising to see spx not reach 1225-50 and then go much higher than that.
volatility should set in at these levels.
but this is the forecasting domain.
longs should be exited near 1195 levels for once .
Hello vipul. Are you thinking that all time highs on the SPX are a possibility?
ReplyDeleteThat is not at all a possibility right now.
ReplyDeletei have my upside for time being capped at 1250 or thereabouts.
in last neely spx update, i think thats the level he has in his modified count now.
1250-1300 is extremely stiff a resistance to pass in one go.