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SI_Shack

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SI_Shack

Re: ajtj99 post# 11274

Sunday, 10/26/2003 11:06:18 AM

Sunday, October 26, 2003 11:06:18 AM

Post# of 148479
Hard to not look at Friday as a reversal. The volume was quite large and the SOX actually closed higher than the Thursday close. We're also coming off some 2+ readings on the NYSE TRIN. Pretty nice recipe here for a long (of which I am now one). I think the SPY even put in a bullish engulfing.

The question is whether we see new highs or not, I favour yes, but if we do then the SPX and SOX will be completing wedges on the daily charts.
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