Tuesday, February 1, 2011

Getting Cautious

We see the Spx (^gspc) support resistance. My trend model is telling me the pressure is 1284 down, 1287 up. 2 days at most is my guess for higher.

The other weakness is the Dow and the 30 are not hitting new highs for the last 4 days not a good sign.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.