Very short blog today because Google wouldn't let me "in" without adding more personal information to my account, so I had to go in through the back door. All this took extra time. Specifically wanting a mobile phone number is creepy. Don't be evil, Google, or I'll leave, even if I'm just "Marz Bonfire."
I still hold the view that it's right to be long the S&P. It has yet to make a 38% retracement but could do so today at 1799.
1796.36 remains the stop for the impulsive scenario to new highs. Below it could create a more complex pattern, or suggest that a high (or the high) is in. I'm not in that camp yet.
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