Exhaustion Watch & Fake Breakout Watch

This week after Friday's GOLDMAN story, Mr Market seems ripe for some pause. This is another of these endless examples where NEWS seem to follow Price and not vice versa like most fundamental analysts claim.

Anyway the SEC picking on GS feels very strange, after what the US Gov't has done to prop up the Banks and in particular GS...

The most amazing piece of news was that GS actually started shorting the S&P500 Future aggressively around 1200 according to zerohedge.com by dragging down this Index with their own news.......


The Market is super extended like on steroids, but on the other hand who knows what the crazy do, drugged up with easy money.....

The 2 enclosed Tables speak for themselves....(check out the Sectors!!)

Suri Duddella on VIC2 Patterns

Active Boundaries