Wednesday, June 11, 2008

$SPX looks poised for a small bounce...



$SPX is sitting on trendline, and approaching a local .500 node, so a bounce is possible here, but this does not mean the Bear is in any significant trouble...

1 comment:

lagscrew said...

my work is showing a bounce here as well.

Im not playing the usual indexes this time but will try a little GDX., It is only 18% of cash which is not that large the way I play