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Thursday, July 12, 2012 1:53:27 PM
Hi Dennis
Nice bottom call. 1340 SPX is where Rez is, but 1343 is huge cluster Moving average rez. Given the RSI and MACD being negative, we will need to get past that for more up. The NAUD is still negative and since the NYAD is still positive haven't ruled out a move higher tomorrow. Basically above 1343 and we go to a hold long signal. LOL BTW, how is your son doing in his new digs?
Nice bottom call. 1340 SPX is where Rez is, but 1343 is huge cluster Moving average rez. Given the RSI and MACD being negative, we will need to get past that for more up. The NAUD is still negative and since the NYAD is still positive haven't ruled out a move higher tomorrow. Basically above 1343 and we go to a hold long signal. LOL BTW, how is your son doing in his new digs?
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