we have finally let go of the mercury retrograde and while the markets have been all over the place not many have made money so I am told.
During that period most moves tend to be fake outs and catch many momentum players off guard.
With the Expiration this week coming to ahead I will be some what surprised if the market stays at these levels or even trades lower.
Next week we have some very strong astrology which will finally give the boost to the market it needs to push through the 1280-1300 level.
As for this week it would be somewhat wise to look at the option premiums and see what the market makers are looking to do..
There is some positive astro on Thursday followed by some negatives on Friday.
Lets look at what has been during the retro time.
1. The Euro Zone efforts will fail that's no secret.
2. The Government act which has taken all liberty's away from US citizens will come back to bit congress.
3.Gold has fallen over $100.
Lets see over the next 6 weeks what reverses.
During that period most moves tend to be fake outs and catch many momentum players off guard.
With the Expiration this week coming to ahead I will be some what surprised if the market stays at these levels or even trades lower.
Next week we have some very strong astrology which will finally give the boost to the market it needs to push through the 1280-1300 level.
As for this week it would be somewhat wise to look at the option premiums and see what the market makers are looking to do..
There is some positive astro on Thursday followed by some negatives on Friday.
Lets look at what has been during the retro time.
1. The Euro Zone efforts will fail that's no secret.
2. The Government act which has taken all liberty's away from US citizens will come back to bit congress.
3.Gold has fallen over $100.
Lets see over the next 6 weeks what reverses.
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