Higher and Higher

ES12022013Getting a little tricky here. I have a target of around 1860 by the end of the month. See if we have the push (volume) to get us there. I am looking for 1830 first. All of this is only if the 1773 area holds. If the 1773 area gives it up then look for the next level to hold 1727. I am still bullish this market. I entered one long position LLY last week. I am taking some heat on this trade for now. I am long with no risk on BAC PRU and XLE. December can be one of the most difficult months to trade. Look for retail to influence trading this month. So let’s see how it goes. Happy Trading.