Posts

Showing posts from October 25, 2009

Thoughts....

The Index Watch , Weekend Review and the Trading Spreadsheet are complete and posted. As far as the market is concerned, the charts suggest a short term top is near (1120 - 1125 area). Once we get there, I think we'll back and fill for a month or so (downside risk in the 1075 to 1050 area) before exploding to the upside with a target in the 1300 - 1350 area.

Index Watch for October 26, 2009:

Image