Tuesday, February 22, 2011

February Winding Down









Looks like we're going to find some support at 1310 for a while. We may chop around between 1310 and the high at 1343. We'll see.
Normally I would say the LML signals on the Daily would have us breaking down pretty significantly but this ain't normal times.
And there are HMH signals scattered about so we could see another leg up in this market.
We have 90 days of good trade ahead.
Make everyday count....
Unless we have another summer of 2008 when you could book a ton of points a day during the crash.