This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Friday, 9 September 2011
Bearish scenario in place for next week
All looking very ugly.See previous post. Dolllar chart is looking interesting !
Yeah, I think the moment of truth has arrived. (The G7 may turn out to be something no-one expected.)
We're at apex support on the SPX. Do or die and I don't pretend to have the slightest idea (I could comment on probabilities, but that wouldn't really mean much with these markets . . .) other than saying the entry point pivots (or should I say pivot singular?) for buy and sell entries are extremely well defined (both for short term scalpers as well as swing traders).
Yeah, I think the moment of truth has arrived. (The G7 may turn out to be something no-one expected.)
ReplyDeleteWe're at apex support on the SPX. Do or die and I don't pretend to have the slightest idea (I could comment on probabilities, but that wouldn't really mean much with these markets . . .) other than saying the entry point pivots (or should I say pivot singular?) for buy and sell entries are extremely well defined (both for short term scalpers as well as swing traders).
http://img684.imageshack.us/img684/6770/spx090911.png