SP:SPX   Indeks S&P 500
The reversal I was looking for did not come, instead the market keeps grinding up, though with weak volume must be said. I have projected the move preceding the April 5th gap from the gap low obtaining a target price of 4215/4220. MAROC's short term and medium term are both in strong territory, both above 0.3 (This means the market is trending at a minimum 25' angle) On friday prices broke above resistance, which though positive for price action, does suggest a temporary correction is in the air. WSHNH - What Should Happen Never Happens, so be careful. Personally i'm using a 360' option strategy. I am long both calls and puts (4210 and 4090) and short both calls and puts (4250 and 4065) June expiry.

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