Tuesday, August 23, 2011

This morning's post

Don't forget about this morning's post, we have bullish behavior in the market and I feel it's likely we'll see a lot more before the second shoe drops, but remember the post from this morning-'m not convinced we are done with the basing process.

For example, looking at the SPY
 Technically speaking, we are still trading in a lateral environment, these lateral environments are often when accumulation occurs, but can be choppy.

However, 3C looks much stronger at this second low then it did at the first.


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