A Bullish and Bearish Case On The Market (3/19/2010)

| |
Alright, alright...  Where are we headed people?  I've absorbed many different opinions from the tele, news stories and blogs.  $SPY made new highs, oil couldn't break resistance...yet, $GLD is making lower highs (watch that new symmetrical triangle though) and the USDX could breakout again above $81. We'll see what happens on Monday post-healthcare vote.  The best thing to do is watch the chart imo.  If the S&P breaks below 1,150 again it will be a failed breakout and potential double top, or a prep for a boring sideways channel.  I will chart out a bunch of sh*t later.   I'll leave you with a bullish and bearish case on the market.  Read this post at Beanieville Inc: Bears calling for major top, again and below is a video of Robert Prechter (Elliott Wave International) on CNBC warning about the next wave down coming. Good luck.


Breaking News via U.S. Government Report, Politics Journal, and Distressed Volatility Politics

Breaking News via End Times Synapse