Thursday, September 09, 2010

Spt 9th EKG

60bars at 11am
90 bars at 1:30
120bars at 4pm
Futures opening higher on jobs, etc

energy low at 1:10 pm

Jay

7 comments:

  1. hope all is well. still feeding the Bull?

    yes jay, some negative divergences, due for a pullback in the near future.

    take care

    ReplyDelete
  2. Should continue to chop around
    at the 1100 level or above till the 20th, then ALL hell breaks lose


    Today & tomrrow just might flip
    it happened like that on the 26th last month

    Jay

    ReplyDelete
  3. "For the latest reporting week, nine states didn’t file claims data to the Labor Department in Washington because of the Labor Day holiday earlier this week, a department official told reporters. California and Virginia estimated their figures and the U.S. government estimated the other seven."

    sure - that is our BULL market report. Billions of dollars is changing hands on wall St, because 7 states and uncle sam, guessed at the numbers.

    ReplyDelete
  4. looks like a bearish set up for next week if you ask me (opex)

    and after that pull back the bears are probably going to feed the bull and rally this thing over 1130.

    if you stop feeding the bull then the market will be ready to tank...

    you decide

    ReplyDelete
  5. "and after that pull back the bears are probably going to feed the bull and rally this thing over 1130.
    if you stop feeding the bull then the market will be ready to tank...
    you decide"

    Sorry, you lost me. Could you translate that to plain English?

    ReplyDelete
  6. S&P 500 EOD analysis: LINK HERE

    ReplyDelete