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3xBuBu

07/13/11 3:57 PM

#68056 RE: loanwolf #68055

SPY still hanging on the 200dma
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loanwolf

07/13/11 6:03 PM

#68061 RE: loanwolf #68055

Action on todays close leads me to have a bias towards downside tomorrow.
Semi-Conductor/Chip sector still falling, and was never really up much today. perhaps this can still be used as a leading indicator.

2nd day in a row for semi's to reverse near 11, hmmmmmmmmmmmmm

Yes, I originally was thinking "another green day" tomorrow but as stated "pending action near todays close".
As a result, I now see red in tomorrows future for the markets.

3x - Good call on Bull Trap !

Any and all market analysis fascinates me, it's becoming waaaaaaaaay too much to digest sometimes