Monday, April 2, 2007

The Squeeze is On!!

Short Term the S&P Looks like it is going to make a fast break as it gets squeezed.

The quiet action, along with the nullification of the mini crash pattern makes me lean
to a thrust downward, but these squeezes are unpredictable. We know it is going to break
hard, we just don't know which way.

I am leaning towards one more thrust down to complete this current corrective wave that I thought was completed on Friday.

Time will tell....
Have a Great Day and I will be updating this evening.



No comments:

Trend Analysis LLC Headline Animator