for the week ahead

                                            click to enlarge


While there is higher risk that we're entering consolidation period S&Ps cash $1300 - $1370 price action is not confirming that as of yet. Maybe this week things will change, but until they do the path of least resistance is upward.

The market is unpredictable by nature which is why the best is to stay focused on the price and what "it" does rather than what we think the price should do under the current conditions. The price is never too high or too low!