As we look at this chart we notice the big drop starting backing in April 2010 and lasting several months. However you can't get there in a few days' I know there is a lot of talk of a crash but at 85%? No I think we need to get to 75% at least for a hole to open up.For the last 3 weeks I have been seriously overbought but this week just overbought.
This is a green week with Monday a green day. Looking back it is very hard to find a down Monday on a green day.
http://www.programtrading.com/color.htm
MEBOB monthly we are in a down trend till 1292.66 breaks not expected.
CYCLES: I had a 23cH from the 1074 L on Friday.
Spx vs vix call for Monday up (70%) reliability.
AGET is lost in ABC land.
And then there is the news driving the market more than ever.
