Sunday, December 5, 2010

12/05/10 Update

SPY looks to have doubled topped with the daily stochs diverging a bit.
VIX looks to be at resistance and looks to be ready to rebound up. Note the trend from mid October in the MACD. Definitely looks like a turn around point.
BPSPX:CPC has been unable to achieve its previous highs. A turn around here is in Monday/this week.
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