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This thing is going to tank tomorrow if they don’t resolve this today.

TWM keeps giving me strong short sell signals at 44. i think the weekly bottom is in, on IWM

 

It’s not looking good for tomorrow gang.  The only wildcard is if the resolve the vote today… which isn’t likely it seems.  The children are still fighting each other in congress.

Charts are rolling over now! Yippee!

GOOG Pausing at the resistance line: http://niftychartsandpatterns.blogspot.com/2011/07/google-pausing-at-resistance-line.html

I see a 131.36 spy FP at 4pm yesterday, and we just hit that level right now…. LOL.

The should peak today on the histogram bars of the 60 minute chart and roll back down tomorrow I believe.  It appears too be moving up too fast, and doesn’t look like a bottom too me.  I think we will sell back off on Friday.

Financials (symbol: XLF) up 0.6%; low volume; below 21 ($15.16), 50 ($15.15), 200 ($15.65) ma; above support ($14.76) and below resistance ($15.00).http://rocsinvestmentaccount.webs.com/

AAPL Chart: http://niftychartsandpatterns.blogspot.com/2011/07/aapl-intraday-update.html