The S&P has bottomed !!!

The s$p has short term bottomed or is within 5 points of doing so

  • Now way Volente is on crack we are heading for 1250 baby !

    Votes: 25 53.2%
  • I agree Volente is on to something,

    Votes: 22 46.8%

  • Total voters
    47
  • Poll closed .
I say the S&P has just put in a short term bottom today or is within 5 points of doing it and will close no lower than 1265 in the next 11 trading days.
 
I may have been wrong by .97 and the H and S intraday pattern let the bears get it there but I still stand by my call that a short term bottom is in. From now until March expiration the S&P will trade between 1260 and 1310.
 
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