ajtj99's Market Pulse

[rimshot]

thrust initiation until proven otherwise.

personally, I will be watching the 1-minute SPX price action to see what sort of price confirmation occurs at SPX cash 724 to 726

let's see what sort of follow through occurs

the 1 min TICK trend using ema's and above the zero line,etc will guide the way going forward...today the TICK trend was clearly bullish.

here is a 1-min relative TICK ratio chart that may prove useful..note the SPX 724 is one H line -

http://stockcharts.com/h-sc/ui?s=$TICK:$SPX&p=1&st=2004-12-27&id=p94984860662&a=161118304