Thursday, February 10, 2011

Weakness appears

Is this a Short term top? Need to watch one more bar, a rally failure could do the job. Even at that I think the target is 1212 Spx based on yesterdays chart. Right too the area where the last correction started.


This is a chart of the SOX vs SPX the dates I have marked off on the cross over didn't really do much to the market. What we do need to watch is both turned down. We need to watch that.

Jerry

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