Tuesday, September 20, 2011

Overnight highs are now expected


So much for the grind model!

Market just ripped it up to new highs, and the overnight highs are now expected to be tested

Gap fade was just a place for the bulls to reload

If breadth were stronger, I would have a higher target, but its still bullish and strong enough to get the job done on the short term.

From there, it's time to re analyze

We are a few ticks off the highs as I finish this up


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