Short Term Trading Week Starting: 25 Feb, page-42

Sorry for the sprawl, was editing that post and this part of the comment got left out.

In the bigger scheme of things, some politicians get enthralled with the power to move markets. Blood sugar levels and moods change and we have some protective padding below us now. That means there is negotiating room. It's not like before when we were on the threshold of the abyss at SPX 2350. SPX 2815, as mentioned and charted by @Bugsam recently, is an area that people may get skittish around. If they can move right through it then more power to them but it’s worth watching if you are a short term trader in a situation where momentum has been so unwavering. Perhaps also watch for consensus. It is kind of a double edged sword that has the power to cut both ways. I know I am preaching to the choir here.