SPX could retrace 50 or even 62%- is it possible? for "Christmas really" - why not buy at lover levels:)
still bullish IMHO; one to watch next week (euro banks)
todays candle looks topish but there are some nice magnet lines above & todays close is actually first which is over the edge of former uptrend
for now everything is looking good for bulls - TP 4230/40
fast recovery for indexes was somehow surprising even more surprising would be fast recovery for precious metals and also oil
bear squeeze going on for 3-4 days which will probably resolve to fake higher and then some correction
SPY vs. short volatility VXX at strong resistance
higher could break up to short term bull continuation just watching
seekingalpha.com Ukraien & Crimean peninsula!!!
One of the strongest national indices last days - worth watching on daily chart (small CMO divergence - so small correction very likely next few days).