Sunday, August 1, 2010


We see that the BPSPX:CPC has crossed up. So for the short term we should be experiencing bullishness. Looking for 114-115 in the next week or two and then a MAJOR drop.
VIX opened at the 20dma and closed toward the lower BB. I am expecting a move to the lower BB and a tightening of the BB before a major move up and out of the range.

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