I'm going from all out bearish to neutral/bearish. Even though the $113.20 level is being broken on the intraday, it really depends on the daily close.
I'm still in FAZ. The XLF is not reacting to the move on the SPY.
Monday, September 20, 2010
Markets explode to the upside
The bear flag didn't play out. I shouldn't have doubted "Obama's Power." Generally, the powers that be have no vested interest to sink the markets before a President comes out to speak. The reasons are obvious.
I'm going from all out bearish to neutral/bearish. Even though the $113.20 level is being broken on the intraday, it really depends on the daily close.
I'm still in FAZ. The XLF is not reacting to the move on the SPY.
I'm going from all out bearish to neutral/bearish. Even though the $113.20 level is being broken on the intraday, it really depends on the daily close.
I'm still in FAZ. The XLF is not reacting to the move on the SPY.
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