The good news is that the bulls managed a second day of decent gains. Volume was lighter today while the SPY is eating into the huge gap on the chart from last week. The bulls are anticipating something positive from Bernanke on Friday or improving Claims and GDP. We could be set up for a great sell the new trade if Bernanke does not deliver. On the contrary, any weakness caused by Steve Jobs leaving AAPL may provide a dip buying opportunity tomorrow.
