Friday, February 4, 2011

Friday big down? watch 1303.06

Scenario #1 watch 1303.06, and Cit 1293.37 Spx
Thursday to Thursday almost same setup before the big drop. Upvolume,Tick trin and vix very similar. Did we double top? Unemplayment number will be good not because job were created but people have dropped the hunt for a job. Remember last Friday big drop and we have many hits this Friday on cycles.




Scenario #2 Bernanke speak Buy, buy, buy, baby, and we head for Spx 1315 a cluster. EDT

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