04 June 2010

S&P500 : Sayonara Point 1041

  • Bad NFP. Ex census only +41k. ESU0 @ 1076 (-23).
  • Quick review of cash chart. Monthly Evening Star = bearish. Weekly UpTL broken. MAs crossover. Daily danger point is at 1041. If we get below that then its sayonara.
  • Copper already broken the 1041-equivalent = 290 (last 287).

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