Tuesday, May 17, 2011

S&P 500 ~ Update ~ 16 May 2011

The 1330ish is still holding. It looks like it'll break anytime soon though.

As long as the SPX stays below 1343 there is a good chance to see 1300 or even 1260 again in my opinion. Should the market break above 1343 though then a rally to new highs should unfold.

Let's see what happens today.