12/08/2009 After Bell Quick Summary


Cobra's Market View Private Messaging System shows:


The bottom line, still stuck in a range (bounded by the red line and green line), so theoretically the direction is not clear. I just have one question for you: how likely will it be the 7th Island Reversal to reverse the current Bearish Island Reversal which reversed the  previous Bullish Island Reversal which reversed the previous Bearish Island Reversal which reversed the previous Bullish Island Reversal which reversed the previous Bearish Island Reversal which reversed the previous Bullish Island Reversal?

SPY30min

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