Wednesday, May 12, 2010

05.12.10 - Positive Inside Day

Inside, but looking to break higher as the market recovery continues. Things were looking dicey last night, but the weakness was bought and the panic volume has been declining along with volatility with the VIX seeing added crush. I think we have a better chance of breaking that SPY $117.40 level this go even if not today, then later this week.

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