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Tuesday, March 27, 2007

Can Ben make it two in a row...

(Click charts to enlarge)

$VIX, Potential bear flag...


NASDAQ 100, Potential bull flag...


$SOX, Potential bullish ADX...

Fed Chairman Ben Bernanke speaks in front of a congressional committee tomorrow morning.
This event could be a catalyst one way or the other.............................


Charts and comments are NEVER INTENDED AS ADVICE......

Oil spikes $5 on rumors of Iran attack:
After-hours contract briefly jumps 8 percent on rumors that Iran fired on U.S. warships; navy denies story, crude falls from highs. (CNNMoney.com)
http://money.cnn.com/2007/03/27/markets/oil_spikes/index.htm?postversion=2007032718

Good luck trading...

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