Tuesday, September 11, 2012

S&P500 'Reversal'.......good enough?

SPX Daily Close @ 09/10/2012
Too 'cute' for a top?
The Outside Down Day is a 'skinny' one @ best; but nothing appears without a sign....is this it?
Friday's comparably 'heavy' volume day to Thursday's large advance has now been potentially confirmed by Monday's price action.
Follow through lower Tuesday key to a higher degree of confidence that a retrace (1375/90) is upon us.