Thursday, April 25, 2013

S&P 500 ~ Intraday 2 ~ 25 April 2013

Once again the support at 1540ish provided an excellent buying opportunity:

Admittedly, I didn't expect the market to rally past 1576. But the market decided otherwise and we're back near the all-time highs. If the SPX doesn't break the highs, I think we could see a correction to 1572-76.