They finally poked a new high in the S&P 500 yesterday and while it isn’t impossible that SPX creeps a little higher today, given the reaction of the futures overnight, I think trying to sell today makes sense.
The equity indices took the FOMC news fairly well yesterday. I admit that I was thinking that the S&P 500 would have dropped a little more before climbing back but instead lifted from the first support. What now? Assuming a last punch up to new highs to finish the short term pattern. Stepping back, still […]