for last few months SPX is oscillating in a sine curve w/ high & low separated by 1/2 a month. If this cycle holds, then a short held thru the month end would turn out to be a good trade w/out any bias about LT trend of the market.
SPX: monthly cycle
Started by
andiron
, Nov 11 2009 05:52 PM
2 replies to this topic
#2
porsche911sg
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Posted 11 November 2009 - 06:38 PM
Yes. Pretty strage it must be some big players out there that sets ups this pattern. I am trading this pattern month on month from aug.for last few months SPX is oscillating in a sine curve w/ high & low separated by 1/2 a month. If this cycle holds, then a short held thru the month end would turn out to be a good trade w/out any bias about LT trend of the market.
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!
#3
dasein
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Posted 12 November 2009 - 02:42 PM
funny noone mentioned WWW yesterday - todays action fits.
best,
klh
klh
