Thursday, April 14, 2011

The Flight Is On Once Again For Tomorrow -- Bulls Likely Winners

SGS is Long (as of close of 4/1/2011)
RTS 20110404 Long Portfolio (Bench Mark)
My LT Portfolio

Tomorrow, Market very likely decides whether to start pushing for new highs or selling off to back test important supports. I think it's going to start heading north. A close by SPX above the active downtrend line (shown in orange) would be a good place to start scaling into long positions.  A close above its 13 D-EMA would be another confirmation of the up move. Bulls are setting things up to take charge.

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice