Federer Victory, from James Tar
Something very significant just happened on a tennis court in Madrid. Roger Federer beat Rafael Nadal in a masterly, choke-free performance, 6-4, 6-4, on red clay.
Federer victories over Nadal have customarily been a very bullish immediate short term indicator for the SPX and I suspect we will be up a lot this week.
My bearish views are on hold.