Thursday, October 29, 2009

October 29, 2009


The SPX put in a bullish reversal candle today. It was the markets best up move since July 23rd. I see the market will push up to the 1071 - 1080 area. I'll posted my SPX chart above this blog. My daily video is posted at: http://www.youtube.com/watch?v=H_sQDEWlx8k


The stocks I like with further upside are: EWZ, ICE, HAL, and FCX.


Take a look at the UUP which tracks the US dollar. Move the settings to weekly and throw in an 8 week exponential moving average and you will see this is stone wall resistance for the UUP.


I start the live shows on November 1st. Go to http://www.tradingparadise.com/ and go to the members page to get your free password.


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