Monday, December 22, 2008

Week

Gang as Is tated last week I would not be surprised if the weekly swing chart turns down this week and trys to find a low quickly. We need to hold the 820 level for the bullish case to stay in tact. I suspect that we will get whipped around this week as it is thin and short. A trade above last weeks high especially staying above 896 puts us on path to 920 and a set up to finally turn up the monthly swing chart at whatever this weeks high does. Try to be nimble this week. Energy is shaping up for a big rally IMO. We will let the market talk, as I have stated Gann said look to the weekly for direction. Hit'em Hard!
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