Sunday, 4/15/12 update

Pick your poison - looks bearish for equities in the immediate future. However, the coming week is op ex, which has shown a bullish bias in recent history. Also, seasonally there tends to be a spring top, but it is a bit early for that. So maybe the selling will be short lived as in Alternate #1.

Alternate #1
Daily

Hourly

Alternate #2

Daily

Hourly