Monday, October 3, 2011

Will The Markets HOLD?

SP-Weekly
  • Still In Trading Range
  • Break Below 1110 - Very Bearish
  • Bulls Need A Strong Jobs Report Friday (Good Luck)
  • If There Is A Large Break Below 1110
    • 1040 Will Be In Play
    • Need To Watch The Banks!
XLF-Weekly
  • Still In A Trading Range As Well
  • 11.70 Is The Line In The Sand For The Bears
  • Big Break Below 11.70 = Free Fall Mode
Key To The Market Is The Banks And Europe.

Will Update Wednesday