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JTH

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I'm in

I've exited the F-fund and entered the I-Fund today. The decision was based on a multitude of factors, the most important being if we are going to rally, I want to get in ahead of the action.

For AGG's hourly chart I mentioned Monday I was expecting a close within the pink area. Oddly enough, it gapped above the 50, 75, 100 MAs and an old trendline going back to June. That was cool except for the fact it trickled down for the remainder of the day and closed below the previous mentioned levels. If I had to guess, I'd expect to see a test of the hourly 20 SMA, if that test fails then it would lead me to believe we are going to put in another lower swing low.
Watching the Bounce for Sign-agg-h-png


On AGG's Daily chart below, if we close above the 20 MA then I'll be encouraged bonds are on track to move higher working for the next swing high.
Watching the Bounce for Sign-agg-11_5_2009-12_8_2009-daily-jpg
Above, a quick thought on the S&P 500's Daily chart. With the rally in the dollar I'm somewhat impressed with our ability to stay at these levels and not take a nose dive.


Below, on the 5 minute chart you can see the 8 point gap. Once again the 1090 area holds. I've drawn in 2 channels just to see how they play out tomorrow.
Watching the Bounce for Sign-^gspc-12_8_2009-5-min-png


Here is a chart of the metal ETFs GLD, and SLV. GLD has retraced 50% while SLV has closed at 76.4%
Watching the Bounce for Sign-gld-9_22_2009-12_8_2009-daily-jpg


As for the Dollar, it's on it's third close above the 50MA and closed right at the 75. I'm looking to see if we close above what I've marked as the previous swing high yellow circle.
Watching the Bounce for Sign-$$$-png

Good luck... Jason

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