DJ-30 Weekly
- Bull Are Eating All The Bears Lunches
- For The Bulls
- Break Above 13,250 Would Kill Double Top Theory
- Next Stop above 13,250 would be TO ALL TIME NEW HIGHS (Thank You FED)
- For The Bears
- Break Below 12,700 Would Start To Be Bearish
- Next Stop Below 12,000 Would Be Very Bearish
SP-500 Weekly
- SP-500 Tells Different Story Then DJ-30
- Market Is Very Over Bought And Has Almost Gone Straight Up Since Bottom of The Bear Fork
- For The Bulls
- Break Above 1372 Could Send Market To New Highs
- For The Bears
- Need To Break Back Down Into Bear Fork = 1275
Lets Look At A Market Driver = AAPL
AAPL Weekly
- Would Short Near $620 - Yes It could Jump 100 points in a few weeks!
- Looks A Lot Like ( http://bearhatorbullhat.blogspot.com/2011/05/slv.html)
Take Away - Market Will Either Rally To New Highs Or Have A Sharp Down Turn. Either Way - HAVE STOPS IN PLACE.
