Wednesday, June 8, 2011

Interesting stat

Not my stat, but grabbed it off a feed I watch, and it's food for thought

"SPY has dropped 5 straight days into a Tuesday 11 times. All 11 times it has rallied on Wednesday"

As I said on my video, we may get a bounce for a day or even a few days, but I don't think we get a good rally until we test that level highlighted.

tiny

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