“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Thursday, 30 January 2014

30 Jan 2014

The SPX made a run above the critical support line and pushed higher to end the day closed above the daily 75ma.  Todays move was bullish, and our ST have turned Bullish.  The only bearish implication is that its still in oversold range. 

MT: DOWN
ST: UP
PA: DOWN



The chart below still seems to be on track.  This will depend now on whether it breaks the 1800 and above which we have not reached yet in the cash market.

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