Our View: Seasonally we are in a bullish period; the first week of March. So far every rally above 1950 has failed but I do not think it will stay that way this week. There are a ton of buy stops above that go from the 1956 level basically up to 1974. This morning we have a fairly active economic schedule, but after that I think we are going up. Sell the early rallies and buy weakness, or just buy weakness when the ES pulls back.
No responses yet