Thursday, February 16, 2012

S&P 500 ~ EOD Update ~ 16 February 2012

The current rally since December and the rally in fall 2010 look very similar:

Back in 2010 we didn't get a correction until a new high was made. And I wouldn't be surprised if the same happened again. So a new high next week around 1380 and then a correction to 1330 (just a wild ass guess though! ; ))

Just wanted to let you know that there won't be any posts tomorrow during market hours because I'm going skiing.