Tuesday, July 28, 2009 9:00:00 PM
Third test of horizontal line on NYAD (from above), since this is the 2.5 week low out of an early 20 week low, potential for good pop out of here to recent highs. Another potential sign that rally is not quite cooked yet is that both ema's are above the 0 line, and fast line is above slow line. Watch for crossover.
Watching that huge open interest on 100 August call strike on the SPY carefully.
SDS has price projection to 40 minimum as yet unfulfilled. VIX 18-22.
Watching that huge open interest on 100 August call strike on the SPY carefully.
SDS has price projection to 40 minimum as yet unfulfilled. VIX 18-22.
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