Since nobody seems to believe overbought anymore so there’s no point to mention it here, as in the report last night, a typical rebound from a bottom last 4 to 6 days, and I personally, have no guts to chase here. CPC closed less than 0.8 again so this means 77% chances a green close tomorrow and yes, the “firework” goes on (until one day the market opens with a big down gap).
Well, something wrong with the SPY chart, it was a green close before…
July 16, 2009 at 6:36 pm
July 16, 2009 at 6:40 pm
July 16, 2009 at 7:01 pm
July 16, 2009 at 7:12 pm
July 16, 2009 at 7:20 pm
July 16, 2009 at 7:31 pm
July 16, 2009 at 9:27 pm
July 16, 2009 at 9:44 pm
July 16, 2009 at 10:10 pm
July 16, 2009 at 10:25 pm
July 16, 2009 at 10:55 pm
July 16, 2009 at 10:57 pm
July 16, 2009 at 11:16 pm
July 16, 2009 at 11:21 pm
July 17, 2009 at 12:11 am
July 17, 2009 at 1:06 am