This is a chart of the SOX vs SPX the dates I have marked off on the cross over didn't really do much to the market. What we do need to watch is both turned down. We need to watch that.
Jerry
Thursday, February 10, 2011
Weakness appears
Is this a Short term top? Need to watch one more bar, a rally failure could do the job. Even at that I think the target is 1212 Spx based on yesterdays chart. Right too the area where the last correction started.
This is a chart of the SOX vs SPX the dates I have marked off on the cross over didn't really do much to the market. What we do need to watch is both turned down. We need to watch that.
Jerry
This is a chart of the SOX vs SPX the dates I have marked off on the cross over didn't really do much to the market. What we do need to watch is both turned down. We need to watch that.
Jerry
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