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Home>Opinions and Analysis>SP 500 and NDX Futures Daily Charts - Stutter Step

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SP 500 and NDX Futures Daily Charts - Stutter Step

IMG Auteur

Jesse

Le Cafe Americain

Published : July 11th, 2014

86 words - Reading time : less than a minute

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	Stocks dumped today then came back in the afternoon. That is called a 'stutter step' in US football. This is why I do not like to short a dull market, except in quick advantageous hits, widely interspersed. We are in a symmetrical triangle on the NDX 100, and we will need to go with whatever way it breaks. Don't ask me which way it will because I do not know. VIX ticked up today. Follow through is everything. Eyes on late July. Have a pleasant evening.

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