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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.52-0.3%Jan 7 4:00 PM EST

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To: penthouse mike who wrote (43981)1/17/2013 8:56:13 AM
From: GROUND ZERO™   of 221443
 
If today's buy signal is not confirmed, then the model is already on a confirmed sell signal as of yesterday's close... but, if today's buy signal is confirmed, then a close tomorrow below 1458.60 would confirm a new main model sell signal... there are so many overhead VPs in very close proximity, it would seem that this market is going to have a struggle moving much higher without a fight... I'll post the updated VPs later this morning...

GZ
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