Saturday, January 3, 2009

Break Lights

Ain't got no regrets
And I ain't losin' track

Of which way I'm going

Ain't gonna double back no

--Lou Gramm

Looks like we've achieved resolution on that flag pattern. Friday's strong new year's opening session found major market indexes breaking out.

The S&P 500 Index (SPX) appears to have some upside running room. Looks to me that next meaningful resistance is SPX 1000ish.

no positions

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