Monday, August 5, 2013

Look at red line for direction

 If you notice when the red SMA is curving up it's been bullish and vice versa.
Would expect higher prices aheah or buy the dips.
Friday Bloomberg and CNBC had the bears on and how many were selling out at this level.
I would think 1750 or 1800 Spx is next .


Jerry O

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