Thursday, June 30, 2016

Jun 30 - Gap almost filled

http://jeffhirsch.tumblr.com/post/146667426983/857-chance-of-sp-500-gains-on-july-1

We are really overbought but hard to bet against this.  In the afternoon tomorrow, we could easily see a ramp up.  Needless to say, I folded my put spreads this morning.  I am even more surprised but the level of strength than I was yesterday.  So far it has been a complete mirror move from the Brexit down move.


1 comment:

Geet Khare said...


Gold held gains after China PMI data came in mixed, and silver soared as investors see continued easy monetary policy in China and the Asian region.
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