Thursday, October 15, 2009

10/15 - long SPY (+1.25)

EXPECTATIONS: stocks remain bullish and hit a high point at the target trendline...and if its on huge volume, i would say that will mark a shortterm top which will bring us sideways for a few weeks

CHANGE VIEW when: we close below 30ema and start to make lower highs and lower lows on the 30min spy chart...


SPX - bullish


SPY - still bullish

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