Thursday, May 27, 2010

5/27 - lunch (bullish)

spy - bullish



SPX - think it can make it all the way back to 30ema



  • market is bullish
  • see a couple of good longs...not really any shorts
  • going long seems safe here as all indicators, including VIX and FXE are telling me that its bullish
  • finally broke out of SPY 30min stage 1 and into stage 2...MDY and QQQQ confirm it...DIA lagging...thinking we get atleast 1 more up day tomorrow...can go on til next friday

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