Wednesday, November 28, 2012

Still looks up

 Lets start out with the bullish look. Here we have the Rail Roads still climbing from the 11-16 low.

Today should have been the 144TDL from May 1st-2012

The most at this time is a daily scalp  here and their.
 This is the Elder Impulse chart and still in the green despite the drop so far.
The CCI and MACD not bearish either.



 Looking at this break or not, we are hanging in there and well within the limits. The brick wall was hit but with EOM rally coming I can't get to bearish.
The vix is quiet.
The bearish look is Advanced Get gave a sell bias.
Two days in a row of inside days- unknown
The Oex PC after too days low numbers returned
to more normal 2.03 perhaps making the other 2 days equal.
The fools in Washington DC playing games with our money!
A break of SPX 1370, not expected.

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