Technical Analysis

Technical Analisis on time

SP500 1262-1268

4 July, 2008 Technical Analisis | @ 3:47

My all shorts are covered now. I will open them again later, but I do start to expect temporay now reactionary impulse upside and most likely will take some more tech´s 2 of C´s in. If I don´t find any certain enough, I´ll add Adobe & Autodesk - very please they chart reaction during last 2 days since first buying.Maintrend is still strongly down and only bear rally possible if any. I also believe that QQQQ 44 will give a pause even there´s some leg left to travell still before it´s met. We are inside of minor downside impulse, so this call can easily fail and week ending lower lows and I am certainly overall bearish….
Original Source: just-charts.blogspot.com

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