Early signs here that the boyz are starting to chase the market up. At 1626, the SPX has
shot up to a 3% premium to its 25 day m/a. The market is at the top end of the six month
trend channel and is on the verge of moving up into a strong short term overbought. It's
worth watching right now because the run ups to the top of the trend channel top
(now 1630) have become progressively more toward the spike than a run along the
ceiling. SPX Daily
Page views at this site tend to rise sharply when the market gets shaky or corrects. Views
fall when a good run up is on. Page views are currently falling like a rock.
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