Sunday, April 22, 2012

How mixed?

WE have pressure on market till April 27th with Appl re-balance. We have earning next 2 weeks of course they will be weaker as restructuring is getting lame. French elections!
Bernanke Tues and Wed I believe.

Bottom line, I look for Monday down
based on open and low indicator.
Last 3 events out of 4 had weakness.

Green week. Monday 1380 to 1370, if 1370 breaks we go to 1350 ish fast.