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[Mr Dev]

looks like draping .. or price meeting resistance for reversal .. the only thing to be concerned with if you are bearish or short is the FED's secret weapon.. the almighty GAP UP.! if they pull the BIG ONE out of thin air.. then we would need to consider going with it unless... unless the VIX bottoms on some bolli bands signaling some kind of top..if that doesn't occur then there may be more days up and we wait one more week to decide the markets next big move based on what i've seen for a couple of weeks now. however i have no signals of concern for a gap up monday,.. and actually price should continue on the decline we saw heading into the close. best to all have a nice weekend.

Edited by Mr Dev, 20 May 2011 - 03:16 PM.