Possible upside for SPX ....

SPX seems to be sandwiched by 50 D-SMA (as the resistance) and 200 D-SMA (as the support).  There is a chance we break above 50 D-SMA, but I think we'll very likely stop at lower 1170's.

SGS is still long.  Full portfolio update on Friday as usual.

opader@gmail.com

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice.  Furthermore, the opinions expressed may change without notice.