Thursday, February 24, 2011

SPX Number To Watch

The up trend going back to the creation of the Bernanke put in August has held to date. In fact the last time the lower bollinger was touched was on August 25.  We have not touched it since, amazing.  Today the trend line stands at roughly 1296-97.   Oil is the wildcard in terms of how successful (if any) test is.


No comments:

Post a Comment