Saturday, April 3, 2010

BREADTH update


Our DemandPressure2 chart (green line above) has relieved some of the extreme pressure. Usually these spikes lead the market by a week, so we should see some pause.

If we can overcome the extremes without any reasonable correction then we should expect some HOT upside action going forward in this 2nd year of this presidential cycle.

It not impossible, but unlikely (but what's normal these days..)

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