Last week

Last week we were looking at the following lower points on the S&P 1299.50, 1289 then 1284, seem they want to hit them. I am going to be doing some hedging here as I am not getting clear signals on the daily chart at all. In the meantime Gold running higher and Oil seem it is slowly but surely going for the $113 I have been speaking about for awhile. Still don't think we roll over and die here but just a breather so we can attack those highs again, IF I am wrong then it will be very early to get on the ride down so not an issue.