Gus

Gus

S&P ending with high volume on 200 MA suggests a possible pull back to 38% and 50% retracement. If the test on 50% fails then we are looking for fresh new lows in coming months!!!

Gus

Today's Breakout above 1.44649 suggests daily pullback is over and it will resume the upward journey towards 200MA. Target is 1.47461, Stop at 1.43200.