New Highs

Short term Buy Signal yesterday with the break upwards. Looks like a move to say 1915-1920. (19 May)

With the oscillator recovering, it is of course possible that this may be the beginning of an extended upwards move. Initially see if we can get thru the long-term resistance angles R1/R2 at 1930-1940.

Chart of the S&P500 for 13 May 2014

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