Wednesday, April 14, 2010

Repeat of 1180 & 1150 tops

Once again we are overbought on charts from 1/5/10/15/30/60 minutes, daily, weekly charts like we were back at the 1180 & 1150 tops. 1180 didn't work out as great and i'm still bearly holding on to the short position I have from 1180. 3rd time a charm? This is at 11:45 PST on 4/14/2010. We just need this tight trend to break to get any short momentum going. All news is great and were reaching a top of the "good" feeling of the market.

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