OK, the rebound goes on but I believe we’ll see some weakness at least tomorrow morning. The reason: Candlestick pattern looks a little hesitating under an important resistance plus ChiOsc on SPY 60 min chart is way too high. Gap up tomorrow morning? Well, it could, but for 4 days in a row the market gapped up, what the chances are, yet another gap up open? Besides that’d be the 14th gap for SPY if left unfilled.
Live Update
Tuesday, February 2, 2010
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