Tuesday, March 20, 2007

Almost There!!

The S&P 500 is very close to its final confirmation of a new intermediate term uptrend.

All systems seem to be go from Sentiment to the Technical Picture.


2 comments:

  1. I saw the link to this blog in googlegroups.
    You have a blog full of specific details and datas.
    I don't like the layout that much -- at times it gets hard to read things well.
    cheers

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  2. Hi, you really think we are close to a confirmed new uptrend? I'm just wondering if the correction needs more time in proportion to the prior cycle that began last summer. Also, I'm not sure I would call a new uptrend until the major indexes close above the 50-day. I certainly won't complain though if you are right.

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