02/22/2010 After Bell Quick Summary

Cobra's Market View Private Messaging System shows:

One trick today, when both VIX and SPX closed in red, 20 out of 26 times (77%) a green close the next day.


The bottom line, as a reversal like bar (Open > Close) was curved on SPY/QQQQ/IWM daily chart, so most likely we’ll see a consolidation or a pullback this week.

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