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Tuesday, February 26, 2008

Looking For Confirmation

A good day where you had to put in the ear plugs and just trade the technicals. After yesterday's range breakout, we tested the past level of resistance (now support) this morning and then powered higher in a big way.

S&P 500: 10 Day View

Remember, patterns everyone has identified "tend" to fail and reverse and there are three basic things to be watching as we look for confirmation of the reversal breakout.....[READ]

Posted by Kirk at 6:12 PM in After Hours | Bookmark | Feeds | Link |


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