Monday

Monday should be an interesting day in the market. I am looking for the S&P to test the top of the channel and fail into a wave b pullback..which should retrace 32-50%...that is your opportunity to get long for the wave c up to 1007 area...if we break that we may have bottomed. Although I believe we have another push down coming...but this rally could have legs for a few months. We will see...just dont forget to "hit the bid" when you have some nice profits
Absolution