Wednesday, May 1, 2013

Wednesday evening


The Fed didn't say anything really surprising (How could they ...) so the market provided a little whiplash and then swoosh so everyone felt like they got their money's worth.  We did not yet touch 1600 so I think we have another bounce before any pullback but that's just my opinion and worth what you paid for it.

Wednesday afternoon

TUP Daily Chart (11:45 EDT)
(Click chart for a better view.)
Looking for a short?  This could be your huckleberry.  Huge volume today and the 50 day failed to hold.  It looks like 77 is next but check out that gap in late January.  

Wednesday morning