arkokate
Long

SPX @ IHS neckline after breakout

SP:SPX   S&P 500 Index
SPX             can move by as much as 300 pts if sustains above 2120

Seems really difficult to get a sense of indices direction these days. It's been moving sideways for quite a while now. SPX has been compressing and it's now in a tight range which I agree with you could resolve with an important move. What I'm not too convinced about is the LONG story yet.
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