Friday, October 8, 2010

10/8/10 - EOD Update : GOLDEN CROSS

5:00 PM EOD Update


SPX - 60 Min

Interesting. No one, at least I haven't seen amongst the bloggers that I follow or the media as of this post, have mentioned that the Golden Cross occurred on the DOW on 10/1/10.

Any significance? Who knows because not much came from the death cross. At the least, because the short term trend is bullish, this can only support that case further.

Ok. Just wanted to put this out there for now.

Will comment on my 60 min chart later. One thing, I believe the ending diagonal may still be in progress. The COMPQ and DOW may support this.

OK. More later. It's time for happy hour.
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