Jesse's Café Américain: SP 500 and NDX Futures Daily Charts

"O that I could find in the desert a wayside shelter for travelers, that I might depart from my people. For they are all adulterers, an unfaithful mob of traitors. Their tongues are devious weapons, bent like drawn bows. With falsehoods rather than truth they have gained power. They commit one crime after another. They do not know me, says the Lord. I will make Jerusalem a heap of ruins, the lair of jackals. I will lay waste to Judah, a desolation where no one can live."
Jeremiah 9:2-3,11

14 July 2015

SP 500 and NDX Futures Daily Charts - Wash Cycle Is Almost Finished

I figure we have about 15 or so more points of upside potential in the SP 500, barring exogenous events, and then it turns into a slower slog higher with the usual wash and rinse cycles to keep the HFT and predator trading desks happy.

Have a pleasant evening.