I like this one, the trend is down, until it isn't, or the trend accelerates but breaking down through these lines. And a quick backtest --just like the flash crash, is the perfect sign to ramp up your bet size.
Sorry haven't had much to say of late. Busy campaigning and getting prepared.
Have a small short on. We are forming a rounded top, and the action in this top looks similar to the action in top in April. Institutional selling confirms, it is poised to increase dramatically.
We could get a last push up for another 20-30 points IMO, but that's unlikely. I think we break down here, as in addition to the above reasons, there's no more POMO until the 5th http://www.newyorkfed.org/markets/tot_operation_schedule.html
Sorry haven't had much to say of late. Busy campaigning and getting prepared.
ReplyDeleteHave a small short on. We are forming a rounded top, and the action in this top looks similar to the action in top in April. Institutional selling confirms, it is poised to increase dramatically.
We could get a last push up for another 20-30 points IMO, but that's unlikely. I think we break down here, as in addition to the above reasons, there's no more POMO until the 5th http://www.newyorkfed.org/markets/tot_operation_schedule.html
Plus the Moon, Bradley, Gann, Solstice, etc.