General Rule, as long as Market buys into bits of good news(such as NOT as bad as expected, numbers), the BULLS still control Market.
If, and only if, we sell down to below 848 at close today, i feelBulls still control in the bull/bear traders war.
A close today, below 848, would be be a bearish hint, imo.
That would be a sell off of about 20 points from present 866.xx.
AN OPINION ONLY!!!!!!
Plus i have a suspicion Government 5/4/2009 release of stress test numbers will be FUDGED to the MAX.
No way they will ever release numbers that would scare this market, imo.
If the news comes in with government stating matters are looking kind of , sort of good and market does not explode upward for a relentless up day, that would be VERY BEARISH, imo.Max
O yes i am a if/or/either yada yada TAer when Market is locked into INDECISION.:}
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