- Million dollar question : Oil + Copper(Dr) down, US yields down = foretelling economic slowdown? Are stocks behind the curve and thus over-valued?
- Monthly : Still uptrend, no sign of turning yet.
- Weekly : 2nd hiccup of the strong uptrend in the making.
- Daily : Possible SHS top being formed. Neckline at 1982. Sell stop-in below. Attempting to sell too early will only lead to endless frustration.
- [This potential top in equities makes me wary to going short ED and TY tempting though it might be at these lofty levels]
15 January 2015
S&P500 : Watch 1982
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2 comments:
Stopped in -ESH5 @ 1980.5
Stopped out +2006.
2 bad ideas in 1 day.
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