We got the happy end of month print and a break above the quadruple top.
The question is, though, how sustainable is this rally with the barometer at record high levels?
Market Breadth Data******************************
Friday, October 31, 2008
Sunday, October 26, 2008
Sunday, October 19, 2008
WARNING:
The projected targets, based on breakouts of the 60 min. e-mini triangles, are not for the faint of heart!
Fortunately, the daily SPX chart below points to a more benign outcome...
or, does it?
It all depends on what color glasses you're wearing at the moment and, ultimately, on price action itself.
The projected targets, based on breakouts of the 60 min. e-mini triangles, are not for the faint of heart!
Fortunately, the daily SPX chart below points to a more benign outcome...
or, does it?
It all depends on what color glasses you're wearing at the moment and, ultimately, on price action itself.
Saturday, October 18, 2008
Saturday, October 11, 2008
Thursday, October 09, 2008
Wednesday, October 08, 2008
Tuesday, October 07, 2008
Monday, October 06, 2008
Friday, October 03, 2008
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