The hangover from last week's party should carry us into Wed. I expect Wed through Friday to show us continued upside and for the SPY to top out around 87.50-88.03 for an intermediate swing high.
May through August will be a boring grind lower which may not produce new lows.
Thats my take on the markets, now lets see how wrong I am;).
I'll be playing most of the same symbols I've been using:
WFR
TSL
SRS
URE
SKF
WFC
FCX
UCO
UNG
...keep your eye on the dollar
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WFR is down $3--looks like a buying op
ReplyDeleteAnother fine weekly report.
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