Boy what a turtlesoupbuy signal....

First off, tomorrow's numbers are 643, 635 and 631. A 12 point spread and of course WR7. If you remember, the weekly oversold condition was mentioned in earlier post and today was the fulfillment day to work it off. As in the posted chart which is self explanatory, a 382 retracement is expected for a strong trend and perhaps it defines the lower line of the upward channel. More upside is expected. The near term target is at least r1 which is 643. Looks like the market is going to retest the old high DOW 13,000 or the OEX 660. Will see. Again buy on pullback until it falls out of the channel to the downside.

2c