Sunday, January 31, 2010

Now This is More Like It!


Come on in if you want some Fun!


SPY 6 Month, Daily - 1.29.10 - Trend Channel and Pivots are now heading South.  Time to adjust our thinking!

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SPY 20 Day, 2 Hour Chart - 1.29.10 - Weekly Pivots have shifted to the Downside.  CCI all in the Red.    Bias is down until proven otherwise.
US Dollar continues to Rally.  There has been an inverse relationship between the Dollar price action and the Market price action.