Friday, August 21, 2015

And Here We Are

"Here. Now."
--Dagonet (King Arthur)

Yesterday we noted the near term technical significance of the SPX 1990-2000 level. Well, there has morphed into here.


An intuitive place for at least a try from Snapper.

On the other hand, because traders are so used to stick saves at previous junctures like this, if Snapper doesn't appear, then it could turn ugly on this Fri afternoon.

position in SPX

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