Thursday, June 2, 2011

Broke and Breaking

SP-500 (Weekly)
  • Broke Support That Goes All The Way To 2009 Lows
  • Next Target Is 1300
  • Should See A Bounce Here
  • Top Could Be In, However QE3 Would Change That
DJ-30 (Weekly)
  • Dow Starting To Breakdown As Did The SP-500
  • 12,200 Is Major Support, Could Get A Bounce
  • Comes Down To Jobs Report Tomorrow
  • I Am Betting Somewhere 50k New Jobs