Tuesday 22 May 2012
Technical rebound?
S&P rebound +1.6% last night.
Take partial profit along the way as market is oversold but oversold can remain oversold. Best is to have the money in the pocket.
Remember to exit your trade when the trendline is broken.
I will be looking to short in the next 2-4 weeks.
Disclaimer applied.
Sunday 20 May 2012
Market Overview - 21/05/12
Bingo!! Have you shorted last week? Any rebound will be shorting opportunity.
Refer to my previous post. market overview 140512
Disclaimer applied.
Sunday 13 May 2012
Thursday 10 May 2012
Wednesday 9 May 2012
Tuesday 8 May 2012
Sunday 6 May 2012
Wednesday 2 May 2012
Testing Resistance 1423 again
S&P going to test its resistance 1423 again. There is a upper tail meaning there is a selling pressure when approaching resistance.
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