Wednesday, April 03, 2013 6:01:55 PM
CALLING a TOP...in the major markets. I am taking some 'very speculative' bearish swing positions here based mainly on gut feel. The Russel 2000 led the major markets after an inverted H&S with its 'head' last November. All but the tech indices have caught up...the old adage that a sustained rally can't be had without leadership from the technology issues has been bugging me since November...
Trades using SDS ProShares UltraShort S&P 500 ETF:
A 5-wave down trend on the daily has 3xD...looks like the trend line is about to be broken. Target into the BZ ... ... Might also look at SPXU, TNA and DXD
Updating SDS
Trades using SDS ProShares UltraShort S&P 500 ETF:
A 5-wave down trend on the daily has 3xD...looks like the trend line is about to be broken. Target into the BZ ... ... Might also look at SPXU, TNA and DXD
Updating SDS
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