sumastardon

S and P update: back to being a buy

Long
FX:SPX500   S&P 500 Index
6
S and P has come off to make a double bottom and is a short term buy again - but probably only into the first 1 to 2 hours of the open on the back of a Facebook buying on open. The index has been artificially held up for the last two days by FB strength. Even if you have no damn interest in FB per se, you still need to know that all outcomes on Nasdaq and then the S and P depend on Fb until they fix an algorithm that's become way too out of kilter

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