Interesting times for the $SPX

• Massive support and resistance from both fibs
  
• Wedges on both the $SPX on the $VIX
  
• Fannie, Fredie are unlikely to aid mortgage companies, giving 2008 flashbacks
  
• A gap up day fizzling and ending close to yesterday's highs
  

Don't really like the wedge, we need more coal to keep the wedge theory. This bull run might not last longer. Trade cautiously!

コメント:

Wedge still in play, VIX is getting all weird.