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The S&P continues to chop sideways in a range bound pattern between the last resistance breakout of 2742.24 which now holds as support and needs to get through the next level of resistance of 2801.90 to go higher (see chart below). As I mentioned before, I'm not worrying unless we drop below the February's low and I'm not rejoicing until we take out the January's highs. Everything in between is all noise and sideways chop to me.  "There is no such thing as absolute value in this world. You can only estimate what a thing is worth to you." - D. Warner
"Don't let the noise of others' opinions drown out your own inner voice." — Steve Jobs
“Never forget where you’ve been. Never lose sight of where you’re going. And never take for granted the people who travel the journey with you.” ~ Susan Gale
“He who is in love with himself has at least this advantage – he won’t encounter many rivals.” ~ Georg C. Lichtenberg
“Dream big, but allow yourself the opportunity to start small, and have your share of struggles in the beginning. The world’s greatest composers weren’t writing symphonies the day they first sat at a piano.” ~ Kevin O’Rourke
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June 2018
Disclaimer: Information on this website is to be used for educational purposes only. Information found here are personal opinions and not advice from a professional financial advisor or broker. All trading and investing comes with risk!
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