SPX down slightly for the day, but probably would be down a lot more without the big gains from PG and the staples today
Not as much gas as I supposed this week. But, my theory still says that the price has to rally to test the 2850 to 2870 level at some point. As to what happens after that is dependent on the price action at that time. I wanted to enter at around 2750 this week. But it didn't quite happen. Maybe next week. The 2830 level was a difficult resistance level for the bulls this week.
Good luck Earnings could definitely provide a lift if they are good. I feel like auto and the homebuilders probably are still awhile away from reaching the longer term bottom, but I could be dead wrong
