A SUCCESSFUL NEW YEAR TO YOU ALL
www.invetrics.com:
(may adjust at market Open)
www.stocktiming.com:
issues (100)% SPY/QQQQ 'buy' recommendation -data point 05 January 2009-
Trader Update -data point 05 January 2010:
...SPX 500 setting a new 15 month High *1136 and down ticking slightly at present; the market remains supported but could affirm *1123/*1126 congestion before heading higher to test upper channel resistance *1145/*1150 near term; >*1170 anyone??<
...failure in that range would invite a corrective move back to the 50-day MA initially, with further possible downside to test August/September/October Lows trend line *1073
Long Term: THE BEAR
_no guarantees and trading strategies are just ideas_
Kind Regards
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