Well we were saying the range on the S&P should be watched carefully, and said it was not long till we broke either upside or downside.
You can see in our LAST POST HERE
We broke to the upside, however I would not call it a convincing break!. The bulls yet again still have the upper hand I think. We are still up past our 1500 level we called months ago, and still the bears do not seem to be making their mark.
Yes, we are still in a bull market, however I can say to you that we are starting to see some very interesting signals on the charts, and a few warning signs that market may soon get a bit tired.
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