Technical

Technical

Market has a broken out to the upside. S and P held perfectly @ 2700 and 2720, which was old resistance, and has broken through Fibonacci #s @2719. It should now challenge highs of of 2883. If being trader suits your fancy, buy pullbacks around 2726 on the S and P. Place a sell stop @ 2699 close only. We are long term value investors, and this is a trader’s market.