Monday, April 20, 2009

How much more proof do you need?




OK, I was wrong. I thought it would take a day or two to get to this point. Bottom line is we finally made it. There should be enough indicators here to convince you a strong turn is in (can you say perfect storm). I'll break out the weekly version of this chart at the end of this week to see just how sustainable this move will be. Looks pretty convincing here at least for a move to 810 and possibly beyond.