Friday, December 28, 2012

EOM -EOY rally

 Looking for EOY and EOM rally.
Thursday turn should have legs.

Charts if you look at uvol and my cit line and note we have had 2 days of strong reaction.
We came to rest above it.
This is a tale of two indicators.
The Spx showing signs of weakness nad the OEx holding the fort.The fort will win.

I have a 144TDH on the Dec 31st and next hit on the 9th of Jan 2013.I think the HOY is in that second week of Jan 2013.

Happy New Year.
Jerry O