We do have lots of econ-data this week, starting tomorrow, so in theory, it should be more active than last week. Lets not forget, this is the week of the hole. Urghh.
Sp'daily5
VIX, daily
Summary
I've added a black minor count, I have only low-confidence though in this. Index target would be somewhere around 1380 by Thur/early Friday, and then a bounce AFTER the Bernanke has spoken. Perhaps from 1380 to 1410, putting in a lower high.
I will continue to drone on about how important 1354 is. Until we break that, we are most certainly still putting in higher highs..and higher lows. Bullish!
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*Stock movers, TIF, +6% (earnings less bad than expected, go figure), AAPL, +17 to 680, pretty impressive, but relative to the main market, its cheap.