28 April 2011

S&P500 : Upside Breakout

  • Above 1344 = new high since Fukushima induced retracement.
  • Bullish now on all 3 time-frames.
  • Initiated small long ESM1 at 1346.
  • David Rosenberg finally giving up bearish stance (= housewife wave?). Will have to be a bit careful with this position (small size, less generous stop loss). 

1 comment:

TradeDemon said...

lol - David Rosenberg has been negative for soooo long - I'm afraid of him giving up !!!