Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 680.44

+0.6%

Dec 19 4:00 PM EST

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To: GROUND ZERO™ who wrote (30052)	3/19/2012 9:44:15 AM
From: sandeep	Read Replies (1) of 220480

With the astonishing strength in banks (BAC a double in 3 months!), tech et al, no down can materialize, imho... EDIT: The spx hourly chart since 1350 has been a beauty to watch. Gets support from strongly rising 10 and 20 bar average. RSI stays high, Stochs get oversold with a minimal of 2-3 pt downmove and then it reloads for a higher move. Amazing!

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