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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Copeland who wrote (33337)	6/6/2012 3:44:12 PM
From: GROUND ZERO™	Respond to of 218841

Maybe near term bearish, but as long as we didn't hit 1312.60 and then sell off, that would be more serious... all we did today was approach a second buy signal, but it was never triggered... once a signal is triggered and then not confirmed, then I would worry, otherwise, no big deal, the rally is still on and tomorrow the market can try again for that second confirmation... in fact, for tomorrow, we only need a close above 1306.30 for that second confirmation provided we do not rally to 1312.60 today... GZ