humble on Mar 1, did warn "the pressure is on bears, as expected", while humble is heavily long $spx.
1. $spx upper red Fibo fan line is resistance.
2. the purple trend line around 61.8% of 1325+- is resistance, also is Humble's target price as updated last 2 days.
3. highly $spx and $indu related Initial Jobless Claim(Humble has been saying so for months) is the lowest since summer 2008, and broke through the important green trend line. this highly likely indicated market could make new highs. not right away, but down the road, probably some time next week.
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