continuation buy signal at 1944

Yes, the FOMC massages and up we go again. Renewing the short-term long position at 1944, and back at the R2 line again.

We are at the end of the larger grey T structure, so perhaps we see some weakness again. Perhaps some sideways digestion, perhaps a grind on up to 2000+.

Keep an eye on the rising lines and oscillator for a reversal signal.

Chart of S&P500 for 19 June 2014

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