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Deja Vu day one beginning? A quick follow up from last night, right as the bottom chart S&P succumbed to the death cross and just as the NASDAQ is threatening to, the DOW's red 50 line is poised to start turning sideways and attempt a 50/200 line bounce. If they can push the market higher into the bell today and then jam the market higher fiercely come Monday, it will reproduce the scenario from Friday 8/31/10 (marked with a green line). Today's close and Monday's open is critical, this will be a close one as it could easily go either way.
Alan
