Thursday, June 30, 2011
6/30 - SPX follows UUP
this rally is quite strong...and this chart shows where it might go next...no better chart at the moment for prediction
Wednesday, June 29, 2011
6/29 - 1 min
1 minute review:
market sure feels stronger than i expected...NYMO is way overbought but I feel there is so much doubt of this rally that it might actually go much further...let's just say that i would feel better holding a long than a short or nothing at this moment. news of greece and credit cards was supposed to be the bullish reasons for the rally today but i think its just buyers wanting to get back in on this...also, with today's actions many of my bearish - variable setups became null...i feel the smart money is bullish..but honestly, i also feel quite confused...
market sure feels stronger than i expected...NYMO is way overbought but I feel there is so much doubt of this rally that it might actually go much further...let's just say that i would feel better holding a long than a short or nothing at this moment. news of greece and credit cards was supposed to be the bullish reasons for the rally today but i think its just buyers wanting to get back in on this...also, with today's actions many of my bearish - variable setups became null...i feel the smart money is bullish..but honestly, i also feel quite confused...
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