3/25/09

SPX Ranges For Thursday - Today up 2% down 5% and up 4% gezzzzz


Trendline Bounce 45 Min to Go

If the rally is real: Some pullback targets

SPX 741 to 775 (TNA or TZA)
XLK 14.40 to 14.90 (TYH or TYP)
XLE 40.30 to 42.30 (ERX or ERY)
XLF 6.80 to 8.05 (FAS or FAZ)
IYT ($DJT) 40.80 43.80 (IYT long/short)
USO 26 to 28.40 (UCO or SCO)

Reversal to red...at trend line here

1:10 SPX 60 Min chart for the 20 plus % rally so far

SPX 12:10 near highs

CITI, BOFA BUYING BACK LAUNDERED LOANS AT LOWER RATES

CITI, BOFA BUYING BACK LAUNDERED LOANS AT LOWER RATES

10:15 WALL - 3rd RSI sell Sig adds to red flags

SPX up 17 823, Spike time. My guess is a knock your socks off reversal today or Thursday. But just trade the chart.


SPX up 11 at 817



Be VERY careful if you are long as this makes it's way above 824 and new rally highs. Should get volatile