Now for the intermediate term, we're still on sell signal. But my hunch says the bulls is going to pull the trick and take the market sideways to diffuse the sell signal. We'll see.
Tuesday, April 17, 2012
SPY - Down Trend Broken
SPY broke the 60 minute down trend channel with volume. Bad news for the bears. It's never easy for the bears.
Now for the intermediate term, we're still on sell signal. But my hunch says the bulls is going to pull the trick and take the market sideways to diffuse the sell signal. We'll see.
Now for the intermediate term, we're still on sell signal. But my hunch says the bulls is going to pull the trick and take the market sideways to diffuse the sell signal. We'll see.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment