But check the last 30 days of the SPY. Friday's big plummet was 3 cents away from the lows on May 27. The market remembers. And notice where the recent tops are -- 3 times in the same general area.
In general -- most indicators I see are still negative.
Here's one more guru I follow -- who I mentioned before -- he maintains a simple market monitoring system to keep him in or out of the market: http://wishingwealthblog.com/
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