Yesterday’s snoozefest changed nothing in my forecast, which calls for a run-up to 1477.50. From a camouflage perspective, the only ‘external’ peak that looks suitable for leveraging lies at 1450.00 (see inset). However, it’s close enough to the ‘marquee’ high at 1451.50 that any entry opportunities are likely to come and go quickly. Under the circumstances, a ‘timed’ buy-stop should be used to get aboard.
