Saturday, March 6, 2010

SUSI WEEKLY UPDATE

This week you'll get another run of our "SUSI classic", where you will find that our SUSI Indicator doesn't see the strength it would like to see in order to completely flip to the long side.
Allthough the CTI indicator follows the bullish MOMO of the last weeks, SUSI keeps her reservations....


On the other side we have the updated SUSI T1000 (which we filtered for Exhaustion earlier) which comes to a similar allthough be it a much more granular conclusion that the latest rally did not sport the kind of internal strength we would like see in oder to be convinced...


Thoughts for the week:
The Small Caps have set the pace with a new high and most likely all the other asset classes will test their highs for the same goal. My best guess (case a) would be a collective break up to new highs that subsequently fails (cannot exlode to the upside, halts, waits and stumbles...) which would be a bears dream. Case B would be a convincing break through which would be VERY BULLISH for the next couple of weeks or even longer. Case C would be a fail without even reaching new highs right at 1st...2nd...3rd attempt.

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