I was running some charts... lot's of the shitty banks are making new highs, they have yet to confirm a lower low, with a followup higher high...
of my underperforming regionals.....
cbon,HCBK, bbt, look like they could be on an uptrend.
STT as I mentiond this week, continues to be moving higher.... Though a nice wave 2 pull back would not suprise me today.
With the picutre of the financials being mixed... I'd say it's finaly a good sign of Accumulation... and you can even see it on the SPY.....
My prediction for the day is slight weakness... Unless oil breaks to the upside
Friday, June 13, 2008
Running some charts
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment