Update on Charts
November 23rd, 2009at 4:28 pm
My system gave a gap down, but before I get real bearish I need to see market gap down below 1093 SPX. I dont see that happening tomorrow. So if tomorrow gaps down it will likely be range bound to a doji. The character of today’s move and lack of follow through has tremendous meaning and is a plus to the bears.
SPY- gap down and 110.25 key opening levels.


