That's a hard read for me. That is what it has been doing over and over, but the market is so overdone it has to correct more at some point. It also has had some change in character, and that might be a tip off that something bigger has started. Some of the crazy runners have a starting rollover look to them. So, I'm not getting a feel that 'up' is mandatory at this point. As a side note Carl Futia says 1442 is imminent.

http://www.zerohedge.com/news/1987-redux-or-sweet-serenity

Originally posted by rat89

Jim, do you see the move in indexes as a bear trap to force it back to the high into friday - monday?

I did get an intraday long trigger awhile back. Let's see if there is any follow through.

thanks for your read jim

Originally posted by jimkane

I did get an intraday long trigger awhile back. Let's see if there is any follow through.

Be very watchful of this 94.25 high here.

Nice long. Suh-weet.

so many possibilities now....

Yep, I wish...

http://slopeofhope.com/2012/03/in-silent-testimony.html#more

fantastic charts roofer, thanks