Late Night Goodie
Late Night Goodie
Just by pure curiosity I checked out the ISEE reading this evening and guess what – in equities we closed at a whopping (and extremely bullish) 242. Now, as I’m not just evil but also inquisitive by nature I poked around to see when in the last year the ISEE closed above 230 – and more importantly what happened afterward:
Here’s your answer – draw your own conclusions
Yes, good chance we melt up to 1080 or even 1100 by the end of the week or perhaps early next week. But you know what happens after parabolic advances – the shoe almost always drops. So, keep some powder dry and be ready for once we hit those targets.
See you on the other side.
Mole