Friday, January 13, 2012

SPX Daily - Friday, Jan 13

@ 4 PM

SPX may still breach the previous high.
Markets are usually euphoric at opening after long weekends.
Or may be today's bounce is just that.

@ 12 Noon

Staying open about what might be the exact Minor 2 top.
DOW on 10th, SPX on 12th morning, COMPX on 12th close.
Or may be it is yet to come.
I do feel strongly that we are in the inflection area.

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