Reversal at June Lows Bodes Well For Markets

These are exciting times to get long on the market, because if it plays out like we’ve see for the past year or so, the gains should respresent a substantial part of the year’s returns. It is early on in the reversal process and there should be a lot of opportunity to bank some coin off of what the SPRI is showing all of us below. 

What’s even better is how the RSI support and price support on the weekly chart conform with the Reversal as well. 

Here’s the SharePlanner Reversal Indicator.

SharePlanner Reversal Indicator 7-9-13 

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