Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
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Midday Update

Just as I suspected, the rubber band is snapping back in the other direction, as we are up roughly 1.75% across the board today, thus far. Moreover, the S&P is putting in a bullish intraday pattern. I am using the $SPY ETF chart in this post in order to show you the up to the minute volume pattern. As I indicate in the current 30 minute chart below, we are flagging above the 104.30 level (1043 on $SPX), and look to be breaking out now. In the short term, we could easily run up to 108 (or 1080) to fill the gap from last week.


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  1. HawaiiFive0


    Congrats, your picks are ripping!

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  2. MarshalN

    The boringest tape on the planet. Everyone’s too hot to do anything.

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    • 0 Deem this to be "Fake News"