Wednesday, September 15, 2010

SPY Short term update

Not really much to say in respect to long term direction (so far upside most likely exhausted itself …mostly – short term that is), 30 an d20 minutes D-Wave and corresponding Setups are quite in agreement (meaning slight upside or quick short squeeze left and then corrective ABCs.

 2010-09-15_1851

 

2010-09-15_1805

 

UUP (poor man's Dollar index) 20 minutes chart (worked miracles lately!) hints on some ABC  bottoming action for now…

2010-09-15_1854 

In short…boring…for now – it always is right before curtain goes up

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