The collision of global markets and social mood

Tuesday, January 10, 2012

Target Achieved, Now What?

1292.66 got taken out, at long last. I was getting tired of typing it. Price hasn't yet accomplished anything of note to the downside yet, but that could change. 1281.95 is the level I'm watching now. One tick below that, and it's likely over for the bulls at this juncture, and possibly for long time.

There will be no blog post Wednesday morning. I'll be leaving early for the drive to Georgia.

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