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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 694.04+0.7%4:00 PM EST

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From: pimaCanyon4/7/2010 4:12:58 PM
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I see up for the next couple of days, maybe three days, to 1195 to 1200, maybe a little above 1200. Then, if we reverse there, we could see a fast drop to 1153 on the S&P cash index.

How this plays into GZ's reversal signal remains to be seen. We may not make it above 1194 by tomorrow's close, so that would be a nice fit. Although if we don't, we could still see a push up to 1200, plus or minus a few points, on the next day or following day, but a quick reversal from that high, and fast follow-thru on the downside to 1153.

GZ, if we close above 1194 tomorrow, when's your next time window for a possible reversal?
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