Saturday, March 5, 2011

Trend up unless 1302.58 falls

Trend has turned to UP.

One last chance for the bears is to close under the 1302.58 gap on Monday AM.

Bullish numbers are 1327.22 the Feb close and an average, then a number I keep coming across at spx 1333.We blow through that and a new high is near. However I think we just painfully work higher. I will post only one chart of congestion that I have been using.

Depending how it breaks will help to clear the air.

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