Slipper Monday Wrap Up
Slipper Monday Wrap Up
And so we continue our slippery slope down that diagonal support line on the SPX (see my previous post). Here’s the Zero wrap up on the spoos:
Not much to add here – the 1300 mark holds for now thanks to some hefty dip buying mid session. I’m however not impressed by the session’s mojo – the Zero was clearly signaling on the bearish side and the longs pulled it out of the fire at the last moment. We are now at an inflection point that will determine the trend of the second half of this year. Stay tuned.
Cheers,
Mole