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The market internals are corroborating nicely with the moves we are seeing today. The VIX especially has been dropping significantly this week. As long as we hold up in this high base formation on the SPY daily chart, I will remain bullish in my position in UPRO (triple leveraged S&P 500 index tracking ETF).
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Haftime Report, Wednesday October 21, 2009 0 comments
The market internals are corroborating nicely with the moves we are seeing today. The VIX especially has been dropping significantly this week. As long as we hold up in this high base formation on the SPY daily chart, I will remain bullish in my position in UPRO (triple leveraged S&P 500 index tracking ETF).
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Trade smart everybody,
Jason
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Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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