CERTAINLY not one of those days that contributes to a 70% accuracy rateLets hope tomorrow shows better results & returns to normal
even 70% accuracy means that 30% of the time we get one like today
Jay
Everyone is wondering - How long can it last?Fed induced rally wont END
NOW OR EVER ??
thats a really good question & we all know the answer to that.
EKG shows effect of overnight European rally derived from QE2 or whatever
but the open looks like a higher high than April26th is coming this AM
How long can it last?
The EKG says only briefly & we have a 13 hr cycle this
Morn anytime between open & 10am
more later
Jay
2 comments:
S&P 500 Analysis before opening bell: CLICK HERE
The one thing I do see interesting is the SPY. 121.80 was the april high close there.. if it exceeds that, it could go for.... well who knows. I'd probably take it.
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