Getting Ready for some Bull Thrust..

Sorry for the late post. I have been travelling all last week and did not get to post my views and observations. 

Last Friday we finally got out breadth thrust and our reliable indicator crossed its 10 day MA to give us our BUY signal.

Friday was also our Bull thrust day with 90% Up day..

It is also very unusual to see multiple bull thrust day without without a sharp downward reaction – at least for a day.  That may be coming up in this week and that might the the last arsenal in the Bear camp.
We have got above the 1210 area which is 20 day MA. and are holding above. We might see a sharp down day which might take us back to test that 1210 area and relieve some overbought conditions that exits now.

VIX is nearly and dearly hanging on 32 area and any moves below would indicate the bull are in full control and will try to take the SPX to 1250 area where the 50 day MA.

I went long  with 1% risk on AAPL and DBA.  I went long 10% in 401K also yesterday.

Lets see what the Jumper trade of 1st Sept brings to the market. Going by history a bit, last year we had the super jumper on 1st Sept which started the new bull move upwards. So can we have Market GODS shower us with same kind of  move ?

Time will tell..  Plan your trades and Trade to your plan.