Friday, June 1, 2012

S&P 500 ~ Intraday Update ~ 1 June 2012

I'm sorry for the late update considering the huge move we've seen in the futures but I wasn't able to write a post earlier.

We got a huge gap down today and are right now trading around 1290-95. I've been neutral since we hit 1300 about two weeks ago ( If we close below 1290ish today I'll turn bearish again (more on that after the close).

Potential short-term count: