Today is as positive as yesterday was negative. We have a large new month trend-day in play, possibly precipitating a bullish McClellan cross as well. With internals as strong as they are based on solid news flow, I have no reason to expect this to lose any steam into the close.

Related posts:

  1. 08.06.10 – SPY Down to Trend Channel
  2. 10.05.10 – Powerful Trend Day
  3. 10.20.10 – Trend Day Revival
  4. 10.29.09 – Trend-Day Reversal
  5. 05.14.09 – Small Recovery Trend Day