Wednesday, May 26, 2010

Market Breadth is Very Positive/Bullish Right Now


Market Breadth is Very Positive/Bullish Right Now, see http://finance.yahoo.com/advances. Also, SPX (S & P 500, http://bit.ly/i0nsT) put in a likely Monthly Cycle Low yesterday 5-25-10 at 1040.78 (inverse Elliott Wave 12345 down up down up down pattern since 4-26-10's 1219.80 cycle high), note the very bullish white candle (close above the open) with a very large inverse spike at http://bit.ly/i0nsT.

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