Thursday, April 15, 2010

04.15.10 - Witch Hat Tax Day

In spite of this morning's mini witch hat reversal at SPY $121.50, price is now more than 15% above the early February lows.  That's one heck of a run by any definition.  Internals are weak, but not falling apart - in fact, possibly making a comeback just now at the mid-day.  Watch for any reaction back at the VWAP -- and --  don't forget to file your taxes (extensions) today!

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