View: Fuinhaz $SPY afternoon update for August 1st, 2012 | SharePlanner

Fuinhaz $SPY afternoon update for August 1st, 2012 | SharePlanner

$SPY maybe forming an invert head and shoulder on a 3 min chart. For that to confirm, the $SPY needs to cross 138.28, and we may have a good end of the day with the bulls taking it over the bears. Some good names that can run if we can make over that barrier are:

$CAT as long as it can stay above 82.68 (good for an almost dollar run to S1 (83.44) Only one I can trust on this environment.

Tomorrow we have the jobs report. Curious to see what kind of numbers the government will pull out of the hat.

May you all have a good end of your day.

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