“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. For the traitor appears not a traitor; he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague.” Marcus Tullius Cicero
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.