Wednesday, June 1, 2011

Charts

Looking at some charts over the last hour and I must say we could be in for a rough ride after today's action. It is entirely possible I could be wrong and we have seen this type of action before but this could be the beginning of a mild sell off. The main number to watch is last week's S&P lows with volume behind it.
If you are long I suggest going flat here to see what shakes.

No comments: