Sunday, June 27, 2010

Cricital area MOB

Short term (days) sell was on 6-24 open
Med   term (wks)  Buy still holding my cit signal
Long term  (mth)  sell

If we break 1048 Monday then wave (5) targets and down CIT should set up and fast.
That seems to easy and look for a run to 1140/1150 completing a H&S pattern
We have both EOM & EOQ strength, (window dressing).
Seasonals are bullish for the 1st week in July.
Like to think 1073 fann area will hold. chart 2 days ago, below.
Have a 15 degree hit on the 8th of July that could be the summer high.

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