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[Mr Dev]

the major indexes have a few good things going for them next week starting monday with liquidity and ending with options exp. many here including myself are thinking these are good reasons to go up .. and test or make new highs. that may still be possible but with the action in the Vix index, the oil index, the gold index, the transportation index, we may have already seen the TOP for the latter indexes and any blip up from here for the majors could be a subtle park job. the momo peaking into extreme bullishness which technically is what we want to see at recent highs for the markets .. can turn out at any time and if it does we need to respect that a top of some kind finally matched up with it this year. then we need to hold onto a sell the blips.. and hold the dips mindset going forward.

Edited by Mr Dev, 12 June 2014 - 02:24 PM.