Monday, June 14, 2010

S&P 500

Time and pressure

REV(E) has closed above the 5/28 and 6/3 swing highs. This suggests that pressure is building despite the fact that the 5/21 and 6/4 gap capped yesterday's advance. Increase pressure as we step into the window of time for a rally implies that the overhead gaps are pulling harder now.

S&P 500 with exchange volume:

0 comments:

Post a Comment