Directionless.

Directionless. Still waiting for a news to push it up or down.

Time to LONG. disclaimer applied.

Time to LONG. disclaimer applied.

Important.

Looks like Im going to change my view to Long.
Market seems to prefer to go up for US election.
Disclaimer applied.

Something to ponder.

What is happening? (*_*) (*-*) (*_*) (*-*)
Something to ponder.

MARKET OVERVIEW - 13 AUGUST 2012

S&P closed flat for the last 4 session.
S&P need a "very" good news to push it to break 1420 resistance. If not, it will sell down before going up for the US election.
What is my view ?

S&P staying above 1400?

S&P closed flat, +0.1%.
Staying above 1400. What is next?

Can S&P stay above 1400 & 1420?

S&P closed at 1401.35.
Can S&P stay above 1400 & 1420?
Something to watch out.

MARKET OVERVIEW - 05 AUGUST 2012

S&P still trading within the channel. Am holding my views to short rather than long.
I know many people are having their long position at this moment. My advise is to close your long position once S&P break below the channel.
Disclaimer applied.