Tuesday, July 31, 2012

SP-500 (Will The Bear Fork Hold?) Bull Fork says NO!

SP-500 Bullish
  • Bulls
    • Break above 1400 would be Very Bullish
    • Very strong chance we will break up
      • QE3 is on the way, will pump markets higher
        • 1470 would be the next target
  • Bears 
    • Break below 1350 would start to be Bearish 
    • Break below 1300 be VERY Bearish
  • Will the Fed save the day with another QE
    • We will see what happens....Bulls look to be in control