Dartline™ First Look – morning directional planner
Standard & Poor’s 500 index futures starts above 1100, which suggests near term test to support at 1081.10 not likely. Therefore, the up-move since March should last to year end, and confirm that this is not just a bear market rally. Since fundamentals are still lacking and the economic data appears misplaced and manipulated, it would be prudent to reduce laggards, take profits, while trading both sides with a long bias.