07/28/2009 After Bell Quick Summary


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I don’t see anything special today so have no idea about tomorrow. A wild guess though, since we had 3 days in a row opened with a gap down, so how good the chances are that we have yet another gap down open tomorrow? Meanwhile, just a reminder, if we have a gap up open tomorrow, it’ll be the 8th gap on the SPY chart, I’m not sure if it could hold or not.

SPY60min

In case someone wondering, bad or good when ISEE Equities Only Index closes above 220? As it looks too bullish, the call:put ratio is 2.2:1. Well, here’s the chart, we had only 4 cases recently, the ISEE Equities Only Index read above 220. It says nothing to me…

ISEE

ISEEWatch

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