Friday, July 9, 2010

7/8 - stage 2b

100% bullish again


SPX - 50% fib pullback...maybe up to 61% before stop...remember it can go higher than anyone expects...light vol still so not many believers yet


SPY - nearly filled gap window


SPY 10 - closed at the highs on a sideways day


DJIA - near downtrend line and 61% fib


UUP - dollar trying to find a bottom but might just breakdown


VIX - new low


NYMO - not overbought yet

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