Wednesday, April 10, 2013

Intraday 04-10: New Moon tonight

Up in the ether here, very close to both the "Jaws of Death" upper trendline from the 2000 and 2007 tops, as well as this nifty Andrews Fork.

New Moon tonight.  For the comparison to the 2007 top, the New Moon was on October 11, 2007.

To continue the comparison, the "M"-top false break south would have been the drop to 1538 last week on the nasty employment report.

Also like 2007, we need to see some sort of intraday reversal on volume.  Is everything OK over in Euro bankland?

SPX 04-10

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