"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Wednesday, June 16, 2010

SPX - not bearish in the short run

Monday's S&P 500 chart updated... resistance was surmounted and bearish is probably not a good idea until/unless the resistance turned support, fails.