“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Tuesday 7 May 2013

7 May 2013

The SPX has made its move upwards in a stair step fashion.  Indicators are working well.  Looking for more upside and a possible 9th of May reaction / trend change.  Short term or longer term reversal is the question at this point so we must keep an eye on our indicators.

Mid-Term: Up
Short-Term: up

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