LiveCharts: Analysis in $KBH $PAG $TTM $ISRG $IBM $MIDD $TYL
From SharePlanner January 24, 2013 - 3:10pm
Start watching for some ideal short setups
It wouldn't surprise me if the market decided to stage another rally into the close, but at lease for the sake of the bears, there are some cracks in the dam that are emerging. Dip buyers will continue to emerge until finally their efforts back fire on them, and that is exactly what you are seeing occur today, or at least for now.
I'm tempted to add another short into the close assuming this market doesn't ratchet higher in the final hour of trading.