Well the market broke out of the range it’s been stuck in for the last week or so. Volume was a little light but that’s probably just something to suck in more bears. 
I got stopped out of my BOL short but my longs more than made up for that small loss. Here are several charts, starting with the S&P 500:
It looks like it and the other indices are set to keep walking up the upper Bollinger Bands.
Here’s PalmOne (PLMO), which I bought a few days ago (err, that should be ‘note how’ in the caption below) :
And SalesForce.com (CRM), which finally gave a decent entry point:
And finally another look at Google (GOOG):
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Nice rising three methods candlestick pattern on the S&P completed yesterday. Yet another reason to be bullish right now.
Casey,
Good eye… I totally missed that pattern.
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