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Re: [RT] sp500 whats next



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HERE IS A QUOTE FROM MARKET VOLUME FROM TONIGHT
Short Term (lasts a few hours to a few days): In yesterday's short-term outlook we had stated that "Moving higher, more selling volume was generated, what is especially interesting is how the index will respond to that volume. Does it generate more and continues higher or comes down quickly?

The probability is that the index will move lower because of the amount of selling surges added at the end of session. There maybe strength that will continue the index higher, perhaps only in the morning."

The market has its way of being chaotic and today's trading marked the eighth largest gain ever for the Dow. Interestingly, all the trading generated more and more selling volume.

Today's strength will no doubt propel the index higher however, the probability is that there will be more strength in the morning than at the end.
----- Original Message -----
From: Ben
Sent: Tuesday, April 01, 2008 8:35 PM
Subject: [RT] sp500 whats next

I have attached the Vince indicator
 
as you can see  yes, its on a buy
 
however, see the bearish divergence  price is equal to previous hi  but the indicator is not
 
now,,, this does NOT mean tomorrow we fall
it just means that  this up move  is  fake
Ben


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