The attached chart has the top left
as the sp500
bottom left is the market barometer
it currently shows a better reading than on
12/25-12/27
Now,
does that mean we get there tomorrow,,,
_No
if anything tomorrow should close
down
but
by 2/4 -2/7 we SHOULD get to close
above 1400
and
intra day maybe 1420 is in the cards
the top right chart is the MACD histogram
on the Mclullen for VOLUME
which also shows good reading
the adv dec McLullen is today above
150!!!!
Ben
p.s
someone asked if I bought puts on
citi
look at today
boa
wb
jpm
all up 3-4%
how much is citi up?
the right way since puts are expensive is to sell
October 30 calls
and buy 35 calls
credit spread
