May be we have seen the turning point today and the beginning of the summer rally. In any case my trend lines for IYT (Dow Transport) and Intel have worked just fine. XHB and R2K have gotten a bit lower, but have preserved with a good margin their February's lows. Financials were strong, that is bullish.
In my opinion, this week and even may be tomorrow will be decisive.
Wednesday, June 9, 2010
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