Wednesday, March 30, 2011

3/30 pre-open

SP futures hit the resistance range 1320-1325.  6% SDS at 21.39 average.  1% ZSL.  The market rallied back to the tops of March 7-9.   I1 has 6 down days left.  The shorter-term trading cycle has 4 days to bottom.  The Japan crisis distorted the natural cycle in the market and it is now taking back the downside of that crisis.
Google's blogger will not allow me to upload graphics, so I'll do so later.

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