07/08/2009 After Bell Quick Summary


Cobra's Market View Private Messaging System shows:


I see good chances a rebound tomorrow as the short-term model from www.sentimentrader.com is way too oversold.

STEM.MR

A clear Double Bottom is formed on the SPY 15 min chart so the rebound target could be $88.72.

SPY15min

Just tomorrow will be the end of a 7 trading day cycle so if the market does rise then probably it will be down the day after.

SPY60min

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