The US market opened this morning at 1080 on the emini SP 500. We have been in a steady uptrend since the 830am CT open and the market continues to trade higher. As long we stay above 1080 on the ES, the likelihood for higher movement increases. The New York “issues,” or net advances, has also moved higher which translates to more buyers stepping in and going “long” the market.
We are currently long the Emini SP from approximately 1083 and AAPL from approximately 250.85 with targets of 1105 and 257, respectively.
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