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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.00+0.2%Nov 11 4:00 PM EST

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To: GROUND ZERO™ who wrote (44241)1/20/2013 10:19:43 AM
From: Vendit™3 Recommendations  Read Replies (2) of 218677
 
I had a few minutes this morning to look at the $SPX. I see the following:

1- All lower indicators are positive

2- The past two daily candles are very bullish

3- The center fork tine has held and seems to be the medium term bounce point.

4- Thursday and Friday show a nice increase in trading volume with the positive closes. This shows the move up is meaningful in nature.

5- This all adds up to a higher open on Monday

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