Friday, March 27, 2009

More bullishness for now... wait a few minutes

Click for larger image, hit "back" to return.

The chart above, SPY daily, indicates the trendline in the sand has been well breached. Yay for our side! As I write, the index is only down 1.3% for the day and seems to be improving.

I hope to see a pullback to test and prove (bounce off of ) the trendline soon. If that happens, we're good!

I'll be in touch.

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