Monthly Archives: February 2012
Wow, what a day for the bulls! For tomorrow I guess I will just ride the current trend.
We did have gap up but break out failed on fourth hour. Was it a double top that I see? A break down below 1,337 will confirm the pattern. T2108 falling from 87.68 to 80.46 is confirming the contraction in … Continue reading
My call for Feb 10 was perfect! Here is another call for tomorrow: bullish pennant is being formed. Watch for potential breakout!
It has been a week since my last update. In last update I stated that within 10 days a pull back of some kind would occur. Proof to support the potential pull back are shown below.
The bulls did not make a decisive high today. But they didn’t do a bad job holding the SPX to close in green. Tomorrow NPF will be a battle ground for the bulls and bears. Bears’ ultimate weapon (T2108), shown … Continue reading