Bulls seem to have about as much enthusiasm for this market as, well, bears. A case of kick me, beat me, bore me to death while I stare at my monitor all day. We expected precious little of this vehicle yesterday — only that it vault p2=2118.25 to signal more upside to a modest target at 2137.25 that has grown as stale as week-old bread. In retrospect, getting short wasn’t exactly easy either. Only nimble day traders need apply, but please note that the 2137.25 rally objective remains valid. For all of you pivoteers, it is probably best approached via a ‘mechanical’ entry.
