We’ve been discussing the markets all week in the Basecamp group, pointing out the 3154 level on the S&P (SPX) chart as a level that would force us to look at bullish positions again. This morning it traded solidly through there, though at the moment it has pulled back below again. We are not fully convinced the market can follow through higher here, thus our cautious approach currently. However, as traders you must follow through … read more Market Update