9:42 a.m. (PST)
The buy stop for Thursday's outside day has been triggered. The high for Thursday was 1286.60. At 9:42 a.m., the S&P 500 Index reached 1286.82. Many astute traders and investors have set buy stops just above Thursday's high of 1286.60. Higher prices are ahead today.
Classic play out of yesterday's inside day.
I don't like to blog during the trading day but this event seemed noteworthy.
Wink
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hmm
ReplyDeleteVery interested in what you think over the next couple of days.