S&P 500 Sees Clear Skies Ahead

| 7 november, 2013 | 0 kommentarer

ssi_SPX500_body_Picture_18.png, Samp;P 500 Sees Clear Skies Ahead

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SPX500Retail CFD speculators remain near their most short the SPX500 contract on record, leaving us steadily in favor of further SP 500 gains.

Trade Implications SPX500Crowds have remained short the SPX500 contract since November of last year when the SP 500 set a lasting bottom. Indeed, short positions have remained mostly unchanged in the past several weeks of trading. Until we see crowd capitulation, we’ll remain in favor of stock price gains.

Written by David Rodriguez, Quantitative Strategist for DailyFX.com

ssi_SPX500_body_Picture_12.png, Samp;P 500 Sees Clear Skies Ahead

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Kategori: Analys från DailyFX

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