This is still the 1600 chart I’m watching in the US stock market. To me this is the big line before getting all excited on the short side of the US. Nothing wrong with keeping it simple here.
Now, are we more vulnerable than ever to break down and finally join the 2013 global market meltdown? Sure. But it doesn’t matter what I think. Let’s see price tell us.
What are you guys looking at?
Tags: $SPX $SPY $ES_F