SP500 0.58% 2,958.8 standard & poor's 500

BBUS, page-6188

  1. 1,409 Posts.
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    We would need to see a decent pullback here <3075 on US500 otherwise this could be coiling up and heading much higher.

    All the good news from Monday wasn't enough to make a dent to the market, however the bears have lost momentum as well and every dip is bought into.

    There is a lot of cash on the sidelines waiting for direction, the markets will move with force very soon but at this point its a 50/50.
    I am hopeful for a small correction to 2800 level however this should have already happened by now according to last weeks price action.
 
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