Web Statistics spx update

Wednesday, 2 January 2013

spx update

Exactly as we predicted, as the smart money is continuing to come back into the market.

The market took weeks to sell off, and the bears got excited. And it literally only took a few days for the bulls to wipe out the downwards pressure and then some! :-)

The holiday re-reversal that was talked about is playing out very nicely and 2013 has really started well.

The chart below shows that the S&P finished today at 1457, wow, but seems more upside is coming soon.

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