08 May 2011

8 MAY 2011, Sunday

  • Uh...above continues to be a concern...high bullish sentiment.  You can judge for yourself.  It may not be done but it has persisted for awhile which is something to note.
  • Daily chart has taken its breather and can rally while the weekly chart does look toppy.  But, price remains above all moving average guides.  You can check the charts in the side bar.
  • Perhaps the "Sell in May...." mantra will play out?

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