Friday, June 1, 2012

Big move?

Channel holding but for Friday I have mixed signals.
On 5-30- AGET Offered a down bias.( yellow line)
Today Thursday I have a bottom signal and a vix+spx rally indicator.
Last vix-spx signal we had a big gap and recover.
We could break down out of the channel.
Hard call.


Tuesday, May 29, 2012

Rally short

I do think we will shoot for Spx 1350 in the next few days.
This lower chart would suggest that it won't be bullish for long.