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S&P 500
7,580.06
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0.22%
)
US TECH 100
29,506.00
(
0.28%
)
Dow Jones
51,032.46
(
0.72%
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0.00%
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northam43

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northam43

Re: JLS post# 2403

Friday, 03/12/2010 1:07:57 PM

Friday, March 12, 2010 1:07:57 PM

Post# of 2827
JLS - I am fully aware that OB can last for a significant period of time. The SPX Daily has been in OB for the past 9 trading days. The Weekly & Monthly still have room to climb. Today the Daily PPO has made a bear cross. So a ST pullback maybe in progress.

Since we have made a new 52 week high on the SPX at 1153, I suspect a possible pullback to the 1136 level, then a push to the 1200.

JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


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