Monday, February 6, 2012

Why fight it.


Of course a one day breakout doesn't pass the test of time but volume has been picking up. Now high volume to me comes at tops or distribution.
If we remain on this pattern and with the 144TDH hitting early Mar we could see final targets of Spx 1402.

Downside very limited until it isn't.
( A big breakdown) not expected.

No comments:

Post a Comment

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