http://andik4saham.blogspot.com/2012/02/analisis-teknikal-sp-500-with-wave.html
In and of itself, this is still not enough to confirm the start of a larger daily pullback, but the market is due for one. That makes this a good time to look for stocks with relative weakness or upside exhaustion for swingtrades on the short side. For example, O Reilly Automotive (ORLY) has been added to my list because it is showing slowing momentum on the weekly time frame and relative weakness over the past several weeks in addition to upside trend exhaustion. In the meantime, earnings reactions will continue to be a source for action heading into next week and will offer opportunities that will not rely as heavily on overall market direction as other index components. salam cuan, Andik
