Wednesday, September 11, 2013

Wednesday evening

Daily Chart - Tomorrow is important
With the late day move the SP-500 closed above it's 5/22 intraday high of 1687.17.  I think tomorrow and Friday will be very important for the index.  If we have a pullback of any size then we could be watching the right shoulder form. If the 50 day sma holds and the index moves higher then a 1710 close would make a higher high and likely brings 1745 in sight.  Where's that crystal ball?

Wednesday afternoon


Not sure but that could be the BIDU cloud . Grrrrrrrrrrrrrrrrrrrrrrr!!!!!!!!!!!!!!!

Wednesday morning