Friday, January 28, 2011

Chart Of The Week - SPX: Houston, We May Have A Problem


Bulls need to work their magic on Monday.  Pronto.

However, the bulls did defend support on Friday:


Posted by Chris Beanie at 6:39 PM
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3 comments:

  1. AnonymousJanuary 29, 2011 at 7:16 AM

    I prefer Houston doesn't have any problems

    ReplyDelete
  2. Chris BeanieJanuary 29, 2011 at 11:07 AM

    SPX still strong - significantly stronger than GLD. Both are still bullish. If there is going to be a breakdown, gold will be the one to go.

    ReplyDelete
  3. AnonymousJanuary 29, 2011 at 12:31 PM

    I heard tunsia riots hung around for 2 weeks before anything happened. Maybe another week in egypt before a solution. Let's see how mkt acts

    ReplyDelete

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