Tuesday, April 27, 2010

Today



As usual the days when I take off for personal stuff we get expansion days. We should get a bounce tomorrow as the TRINS ended above 2 but what is to note here is the massive volume distributed today on the downside. Are the bears back I have no idea but 1230 was my extreme measurement on the S&P and that area has yet to be pushed by the bulls.

Wait on see mode here

1200 should be resistance area




1200 should be resistance area