Post Opex Move

It seems there are now more bullish divergences on the charts in globex, and some of the weak sell stops have been hit and cleaned out a bit.

I talked about what was setting up in the hourly chart early morning > HERE!

The market opens in about 2 hours, and we are sitting right at the previous support that goes back to the end of AUGUST this year. I think anything over 1402.75 and we could class that as bullish.

spx chart

Again, I must make mention that it is smart to look for a bounce late in the week after opex. We did not get any real bounce yesterday, but maybe today??? We shall see.

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