Live Update

Friday, May 28, 2010

05/28/2010 After Bell Quick Summary

OK, the month end seasonality didn’t work this time. So neither will be the very very bullish Monday? Anyway, there’s no proof yet the very very Bullish Monday had stopped working, at least according to the Stock Trader’s Almanac , first trading day in June, Dow up 9 of last 11.


The bottom line, although no follow through for yesterday’s huge up but there’s no technical damage yet on the SPY intraday chart. I guess we still could see some push up ahead. Enjoy your long weekend!


blog comments powered by Disqus


The information contained on this website and from any communication related to the author’s blog and chartbook is for information purposes only. The chart analysis and the market recap do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.

This websites provides third-party websites for your convenience but the author does not endorse, approve, or certify the information on other websites, nor does the author take responsibility for a part or all materials on the third-party websites which are not maintained by the author.