Wednesday, June 2, 2010

Bullish signals

some bullish signals today even tho the SnP still hasnt crossed above the 1102 mark, resistance and 200 day ma. McClellan Oscillator has broken thru a down trendline. the moving averages on the 52wk his vs. los has turned a corner and is now aimed up (however still in negative territory). My IFTbuys vs. sells indicator has gone extremely bullish. the TRIX on the VIX is bullish. And the ISEE is still not showing an overconfident bunch of bulls yet, this is a measure of puts vs. calls traded. However weekly indicators are still pointed down. My upside target for SnP is still 1125.

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