Stock Blogger Views

[xlfblogger]

A late day rally saved the markets today. It almost seems like "they" knew to rally the market at the end of the day just to prevent a top.

I took a couple of shorts at the end of the day. A daily close above $141.85 will negate this top call.

 

[xlfblogger]

Good morning traders. It looks like my top call is coming to fruition with the S&P currently down 0.47%. For more downside pressure to come in to this market we need to take out the $139.65 level on the SPY.