Wednesday, March 28, 2012

SPX Bull Trend

With the S&P - 0.50% here mid-day it may feel like the end of the world to some people. So many of us have been accostomed to consistent UP days...hence the strong trend. But on days like this, and what is shaping up to be a week of prices consolidating, it presents another opportunity to add to longs or selectively look for new longs. I am looking for an intermediate term top sometime in April, but there is still opportunity here.

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