$SML or the S&P 600 (3X TNA TZA) needs 10% more to hit a 50% gain

From 181 lows. Mind blowing. 248 now. 275 would be up 50%.

Melt up area is around 950...feels like a likely spike target

Please note the SPX daily chart below. The OBV is at the downtrend and we will watch

To see if we can run up like the runs down on the last 2 trend breaks to the downside. Interesting!

Not leaving out the posibility we turn down to stay under the trend.

Estimator home run from his box on the left RPT up 18% today 8.90

Leveraged-etf-performance-during-the-rally

leveraged-etf-performance-during-the-rally

SPX 856 Close +3.8% - Ranges for Monday (closed Friday) Happy Easter!

SPX Rally is now Up 28% from 667

TNA FAS UCO (BAC WFC C ect...they can return tarp $ now that FASB allows them to now book profits...sure!) PS, Umemploy claims were up today...

XLF on a tear at the close up 15% FAS 40%

SPX XLF USO new highs

Not much ummph to the SPX flag break...$SML and TNA leading the market up over 4%

XLF +10% looks over extended FAS up 24%

Potential bull flag break here

SPX 851 HOD...at downtrend line - rsi needs to breakout to confirm move

Watching for Topping Patterns Here - Last sucker rally?

SPX New rally highs 846

Notice how the big moves are gap up/down on premarket... playing regular hours is extremely tough

This HAS to be a Fucking Joke Right?!

The White House Pushes Patriotic "Bailout Funds"

SPX XLF to open at rally highs

Presto! Banks never had a problem... (The govt should close the markets till this gets sorted out, I bet a ton of people get wiped out today because of these lies. Not to mention the BS since last Sept.)

Good luck today...could be a final run or the next leg up. Need to see how the charts look on the open.

$VIX Breaking down...been a while

SPX Ranges for Thursday - 815 holds again 825 close

Gonna break soon...

15 Min
60 Min

Hour to go Market flat SPX 815 might break here

SPX near trend break

USO XLK XLE XLY leading today Up 4 to 2 %

SPX 827 top of the channel

60 Min
15 Min

USO head fake up 3% ? Inventory #'s were High

Runners this morning

Click to link

1. RT - Ruby Tuesday, Inc.

Last: 6.02
%Chg: +54.76%


2. LNC - Lincoln National Cor...
LNC

Last: 9.29
%Chg: +34.83%
Chg: +2.40


3. PFG - Principal Financial ...
PFG

Last: 12.80
%Chg: +26.11%
Chg: +2.65


4. HIG - Hartford Financial S...
HIG

Last: 10.42
%Chg: +23.31%
Chg: +1.97

XLF SPX Update... Should have a trade on both soon

SPX Flat playing with 815 level again

SPX off 2.4% 815 close $SML (TNA TZA trade) RSI bears watching around 50 if it gets there

USO materials XLE REIT's down over 3% here

The strangest consumer credit numbers just came out...check the google link to the left... We need to outsource Gov't Accounting!

SPX 815 being tested for last hour

Look for 1.5% drop as futures hit. 810 is target support

Be back in the afternoon. If this is the rally's end the charts look to agree. New highs in RSI need to be made on any reload and run. I do did expect a much larger spike to end this so I will day trade before I do a position trade.

XLF support is around 9.05 to fill a gap
Have a great morning!

Gold below 40 wk ema... looks dead. watch for the 10 wk ema to cross to confirm...double top

Deflation upon us? or just no inflation...

SPX Ranges for Tuesday - over 845 and We could see 945 on a spike soon

OBV Trend break soon? worked on the downside twice....

SPX 830 - 822 bounce with flag set up...quite trade

SPX 2nd 826 test

XLK weekly EMA Cross watch...nearing TYH TYP 3X's

SOME STORY LINKS

banks-as-bidders-and-sellers

Bailout psychology' destroying the economy

Sentiment Overview:

XLF Bounce off of up trend -2%

SPX down 1% - SSEC Chart Update

Alert: CHINA $SSEC EMA update

On the daily , the 50 200 EMA are 4 points from crossing. The 200 is still moving down so it needs to turn. SSEC is now up 50% from it's lows. I will post the chart Monday, but the RSI is not confirming this last high so it could pullback quite a bit. On the weekly the 10 40 EMA are pointed up and could cross in a few weeks. Just FYI. I can see a pretty good pullback then run when / if the cross takes place.

Looking for maybe 2200 to 2350 area for a china play. PGJ FXI are the etf's