- Monthly and Weekly charts indicate current rally is a retracement of the over-riding downtrend.
- Daily : Big bear flag. Yesterday's price action is first indication of a possible turn back down for trend resumption.
- Trade : Short ESZ1 at cash equivalent average price of 1208.
02 September 2011
SP500 : Timing the Turn (Trying!)
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1 comment:
have to keep an open mind here for market reaction to low non-farm private payrolls, one of those opposite reactions ... regardless I'm locked and loaded ....
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