SPDR S&P 500 (SPY)

[oxbird]

I totally agree with you, Gleno......and actually, it appears to me that NDX looks weak on a more short-term basis, as well.

Seems that there is a very reflexive positive attitude out there that stands to make this market strong at the beginning of trade tomorrow, although the charts that I look at do not look very positive at all. Looks like a top, although I am not sure that bearish technical signals have much meaning right now.

Maybe we will see a big spear up like we saw at the beginning of 2006....????