Re: 01/04/2012 Intraday Watering
by uempel » Wed Jan 04, 2012 2:54 pm
I agree with SB73 - 1280 is crucial: my best guess is that SPX will break 1280 and rush upwards for a few days, but the overall pattern does not look strong. I'm just waiting in order to short a short-covering rally. Hope I don't wait too long