Friday, June 4, 2010
Mkt coming back up strong
Q's coming back strong. SnP trendline pierced but now back above, so much for that. Look for SnP bounce to 1089.76 = 38.2% or 1092ish for 50%. If it breaks above 1100 we are back where we were yesterday.. limboland. TRIN is slightly bullish at 93, and nas is 84. AD/dec is still negative -2194 but turning up. tick has turned positive. It will be interesting to see how this day plays out.
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