frankenx

frankenx

AMEX:SPY I think we are heading back to the top of the channel and will touch 400 again and then depending on the next CPI number will either fall back to 360 or break out to 420. Any hint of inflation going down will make this a breakout to the upside. The next CPI number comes on 13the July so until then it will be slow accumulation and pump to the upside.