Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 687.01

-0.1%

Dec 30 4:00 PM EST

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To: GROUND ZERO™ who wrote (75884)	10/18/2015 12:55:27 AM
From: Peace	Read Replies (1) of 220897

The market has been climbing the wall of worry and traveling light. <g> Frankly I was expecting SPX to fail at the 50 day or the September high. Last weeks action was pretty impressive in light of the weak economic data and unimpressive earnings. The breakout in sox and the reversal in the financials are very encouraging for the bulls. It would be hard for the market to go far without these two sectors. The next 2 weeks are going to be very interesting but my gut says it is headed to 2100. Lots of charts have nice double bottom formations.

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