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europe building a top imo


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#1 andr99

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Posted 10 March 2014 - 07:14 AM

tops are a process so if they have started to build some sort of top it will take a while....I have put my planned longs in hybernation because although I liked the two charts I was considering for entering long.......this looks like a dangerous environment. And even though the nasdaq eventually might go as high as 5100 you don' t want to enter long milan if a global correction is going to take hold

forever and only a V-E-N-E-T-K-E-N - langbard


#2 Charvo

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Posted 10 March 2014 - 09:59 AM

I agree. Going short Europe may be the trade to take on any bounces from now on. S&P 500 is too strong relative to other indicies in the world now.