SPDR S&P 500 (SPY): Everyone going against SIMPLE with-trend...

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Re: None

Thursday, 12/18/2014 11:21:31 AM

Thursday, December 18, 2014 11:21:31 AM

Everyone going against SIMPLE with-trend trading plan FAIL
It's the rule of the beast
Even lions know that.

Few hand-holding things:
- This was not a V bottom. The 2 sides CAN be asymmetrical, but here we had a vertical right one, and that is an exclusion exception.
- (as a consequence) It moved too fast back up, too near resistances, so I expect some consolidation ("volatility").
Don't waste it and get in with the program.

Be well

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