Edited by andiron, 17 April 2013 - 03:11 PM.
That SPX 1540...
Started by
andiron
, Apr 17 2013 03:08 PM
1 reply to this topic
#1
Posted 17 April 2013 - 03:08 PM
still holding and still above 50 DMA..structure is weakening.....
Mr Russel is shouting 'crash that escape velocity" w/ perhaps H & S.......
we need some more bearish action in broader market - even though metals/steel/coal etc have been demolished.,growth?
-before we could embrace it..thus spake Papa Bear...
#2
Posted 17 April 2013 - 08:01 PM
still holding and still above 50 DMA..structure is weakening.....
Mr Russel is shouting 'crash that escape velocity" w/ perhaps H & S.......
we need some more bearish action in broader market - even though metals/steel/coal etc have been demolished.,growth?-before we could embrace it..thus spake Papa Bear...
Yes and the price did a nice pivot reversal. These are the juiciest points when it comes to pure risk management but the time window is very short.










