Friday, July 23, 2010

Trend is UP

Blasted above 1077 in seconds all ST trends are up.
Look for High the 26th (8td pattern) first guess, possible low on the 28th (119 td).
Still need to see VIX @ 21.50-22.99 for a top and a few other things.
Keep it simple.

Thursday, July 22, 2010


Cracks appeared to day Wednesday with this test of Tuesday low. Thursday we could have more down only to recover at close. My trend model has gone to an aggressive sell but will recover above a close of 1077 spx. Still think high is 26th but I do have some Short ETF's because my fear in down not up.
The chance to see spx 1000 is high after this rally.

Wednesday, July 21, 2010

1056.88 Close enough to 1052

Not trading advise. Use with your own work.