We are going to gap the open. Should be an up day

Long

S&P 500 Index (OANDA:SPX500USD)

Updated

OANDA:SPX500USD S&P 500 Index

I had suggested taking profits last night if you were short SPX. We are bouncing hard off the downtrend line from our top. Gold is going up too.

Comment:

LOL take profits.

Comment:

Going short from 2720. Stop 2730

Comment:

Target 2680...

Comment:

Sorry for no update. The market was getting major support even though it was going down. This last short showed this as the price did not go down to the descending trend that lower lows were being put on. When we bounced I go out.

Comment:

Breakout confirmed to upside.

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