07/09/2009 After Bell Quick Summary


Cobra's Market View Private Messaging System shows:


I have no idea about tomorrow because all the short-term signals I'm watching are neutral. As mentioned in yesterday’s quick summary, today could be a turn day as it’s the end of a 7 trading day cycle. Since we had an up day today so a turn day could mean that tomorrow would be a down day.

SPY60min

Personally, I’m not a fan of timing cycle so I’d not read too much into this.

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