50CB BANANZA DAY DEFINED THE MOVE 9/5/13

[22:24] <CM> PA pushed above target on a 50CB around noon  current 50CB holding (approx 52.75)  upside target 61.5-61.75  support is in the 50CB zone 50.75-52.75  a break likely looks for 48-47.75

AND,,  this A.M.

[07:04] <CM> no chg from the 22:24 post targets

AND,  we can report there is NO CHANGE in the outlook for tomorrow.  A hold on the support, look for attempt on the 61 area.  The outlook is still Bullish. But, to the bears credit, the calculation for a sell off can not be ignored.

As with today, look for the breaks and the 50CB's.  A 50CB untested develops a continuation and we stay long to the + side of the TL, and short to the - side of the TL.

It is interesting ( although  no longer a surprise) to see the B1 50CB TL break at the another 50CB at B13.  A lower high below the upper 50CB around 15:00 was the lower risk sell signal.  Lower risk in that the upside has a known "hurt" value if your wrong, and a calculated magnet below for the selling.

Before the open calculation supported by the PA signals.