Prep is very uncluttered today. For the first time since I started posting there is no established resistance that I am watching. Trend is continuing to press up with no correction. I have noted repeatedly that the market is stretched to the upside but am going to stick with the powerful move up. This is a quadruple witching week which also has a bullish bias. Everything is so bullish that it might be time to sneak in a downward correction. The reversal will happen once everybody stops trying to fade this move up. I will be watching. I will look to initiate longs with confirmation at the 1148.75 inside support area. I will look to initiate shorts with a break of 1148.75 inside support. The short side has not worked at all for the past 3 weeks so I will be looking for premium setups only.
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