Market seems to be vulnerable in the coming weeks for a sharp move.
Recent breadth and other measurements suggest a reversal is near.
In case this analysis proved to be wrong as S&P500 will move north above 970, then most chances that the down trend is done.
Good trading
Sunday, June 28, 2009
Market update
Wednesday, June 17, 2009
Now you can follow us @ http://twitter.com/indexswing
The updates include not only indices but forex and other commodities (i.e. Gold).
Stay tuned...
Friday, June 5, 2009
Closed position
A short @ 946 was triggered as of 02/06/09 , with a stop at 976.
In order not to let winner into a loser after market was visiting 923 ,the stop was
moved to 944 and today we got stopped out. So trade is +2 points.
Good trading
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