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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 679.96-1.1%Oct 30 4:00 PM EDT

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To: FCom777 who wrote (70745)4/30/2015 11:46:22 AM
From: Chip McVickar  Read Replies (2) of 218216
 
The large June spoo contract has a gap at 2075.50 April 17th

My thoughts are a closing as a reasonable place to test market sentiment.

It also is in the middle of the price consolidation since the end of February...

Your dower warning should have a test there... and we'll see...!!!

Higher treasury yields will help banks and insurance companies going forward

Oil and gold are cooked for many months too come

- both are good for stocks

Personally, I like 2300 in the cash S&P ... before 3200 is reached

Chip
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