We were uncomfortable with Wednesday’s gains in the S&P

S&P 500 (Mar 13) INTRADAY Review We were uncomfortable with Wednesday’s gains in the S&P and we got caught out with a short position on that session. Therefore we expected a pullback yesterday and picked the high of the week at 1524.50 as our entry level. Patience paid off in the end as the S&P hit this level at 19.30pm and exactly found the hig of the day here to set up a powerful double top for the week. The reversal from that point was sharp with a drop right the way back to

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We were uncomfortable with Wednesday’s gains in the S&P

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