SPX rally will have to wait

    SPX 10

    Posted by perthx on 22nd of Mar 2011 at 11:45 am

    until tomorrow it seems...what news is gonna drive this market higher today? And even if it rallies, it may be weak and unimpressive....ok , so now that I have said that bring on a gap up day tomorrow, lol.

    Though one fellow said there was a weak cycle low today into 11.30 am so maybe now that it has past is all that is needed to float higher?

    Note the macd on the 15 is close to cycling back to zero...nicely setting up for the rally to come?

    Its really Weird how the

    Posted by simmon on 22nd of Mar 2011 at 12:02 pm

    Its really Weird how the sentiment changes so fast. Last Wednesday VIX was screaming at 31 at high and now 20.00 low. I am buying some calls on VIX just to be safe.

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