Friday, November 11, 2011

Market Update

My updates and comments today are going to be a bit briefer then norm, I've been fighting going to the Emergency Room since 3 a.m. with what I'm sure is a kidney stone.

Right now the market is up on some brief hope as votes are paving the way for leaders to step down in Greece and Italy.

The SPY 1 min chart is falling a little out f line, the 2 min and 5 min are still strong and we are in the space of the gap that I mentioned last night that may e filled, it runs up to about $127.70 n the SPY.

If any reverses first, I expect the DIA as the short term charts there are starting to turn down.


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