Which means that rally isn’t over just yet…
(to watch on youtube: http://www.youtube.com/watch?v=n2DN8QGa4Ts)
But, I think we will dip down in the morning a little first, and then push up and close that SPY gap at 133.50, as well as hit the VIX FP of 17.25, and finally hit the double top on the DOW. Of course it’s likely that we will have an intraday pierce of the current high of 12,391.25, but we should fail to close above it on the first attempt.
I was really expecting a gap