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Casey_Yeo
May 13, 2015 2:00 AM

SPX500 (S&P500) Long

S&P 500 index of US listed sharesFXCM

Description

This market seems well supported at the moment with the consistent buying pressures whenever market try to sell off.
Not saying that these recent buying pressures will continue indefinitely.
But these price actions may serve as clues as to the potential direction of the market. The up trend line has been respected so far with price failing to close below it.
Looking to buy on speculation that the 'iron ceiling' will finally give way.
Comments
SaradisVagalatis
We are enjoying the profits mr Casey...

Casey_Yeo
Do you like it? :)
SaradisVagalatis
I definitely do,

I also thought it would move higher and was glad when I saw you were pointing that way, when most were suggesting short.

I admire your your opinion and always take it into consideration.

PS. I was expecting it to explode this week to 2148 -2155 ...there are a few hours left...
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