Summary:
More evidences point to a short-term top coming.
INTERMEDIATE-TERM: BREAKOUT BUT I'M NOT CONVINCED
没新鲜的,breakout but I'm not convinced,详见12/24/2009 Market Recap。
SHORT-TERM: COULD BE A PULLBACK SOON
没啥说的,还是看short-term pullback,两个新证据:
1. SPY Bearish Reversal Day,看看以后都发生了啥。
2. 1.0.9 SPX Cycle Watch (60 min),看起来像是cycle top。
最新的Indicators At Extremes from www.sentimentrader.com,bearish extremes还是很high。
The bottom line,毋庸置疑,介是uptrend,而Santa Rally suppose到1/5/2010才结束,所以熊熊想碰碰运气可以,不过小心又给砍了爪子,呵呵。
INTERESTING CHARTS: NONE
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