Posted May 21, 2012 by Martin Armstrong
On the Daily level we see rising volatility into the end of this week 05/24-25. Volatility will rise again on May 29th. Keys days appears to be 05/23, 05/25, and 05/30 this month. The Daily Bullish Reversal stands at 1609.80. The key Daily Bearish Reversal lies at 1526.9. Minor Daily Bearish Reversal is to be found at 1544.5 and only closing back beneath this would signal a resumption of the decline.