Today / Tomorrow in the S&P-500

Monday 8-5-2008 A Bearish Harami off the 34ema started this this move to the down side. We now have price leading the 2ema, the 2ema leading the T-line to the down side. We also have a Swing High sell signal with the 2ema crossing below the T-Line.

8-6 Tuesday Wait for a Candlestick buy signal and a Swing Low buy signal before becoming to long. Expect some choppy trading for a couple days.

Good Trading & and always Trade For Profit
See you all in the Trading Room
Rick