My Saturday musings about the US SnP last week, is that we are running into resistance. I do not see signs of a quick failure yet. My view of the pricing action is that there is more strength on the bull side. That is the thing, though, with failing at resistance - who knows when it will happen. I certainly don't. I am looking forward to next week, because who doesn't like a good drama? By the by, that is not any kind of prediction for the year 2043 there above. It is a resistance level on the Emini SnP for June 2016 (yes, the year). I am guessing the SnP will gap up over this resistance next week, but what do I know, it is just a guess.
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