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

Watch The Support & Resistance On S&P And The GLD

SP-500

• SP-500 Can Break 1225
• Bulls Could Push Higher
• Break Below 1100
• Bears Will Have Control

GLD

• GLD Hitting Top of The Bull Fork 
• Break Above 190
• Bulls Could Push It To 210
• Break Below 171
• Bears Could Push It Back To 160

Lets See How It Plays Over The Next 3 Weeks