Market news and comments. I will post some of the technical alarms and interesting patterns developed in stocks and worldwide indexes.
Maxi,That´s a good point of view. I do agree.The question; what is the target for the right shoulder?Seems to me that near 10.600 is "short" time...{Saludos}matiasandres (from the other side of the world, a little town called Casilda :-D)
Thanks! I see the target in the SPY at 116, and 10.800 DOW JONES. A lot of traders waiting the right shoulder between 10600/10800, then, I would not go short there if I am not a day-trader.Look at this also:http://blog.afraidtotrade.com/a-haunting-look-at-the-line-in-the-sand-in-1930-dow-jones/There are only a few kms. between us, but we are "speaking" english LOL:
Maxi,
ReplyDeleteThat´s a good point of view. I do agree.
The question; what is the target for the right shoulder?
Seems to me that near 10.600 is "short" time...
{Saludos}
matiasandres (from the other side of the world, a little town called Casilda :-D)
Thanks! I see the target in the SPY at 116, and 10.800 DOW JONES.
ReplyDeleteA lot of traders waiting the right shoulder between 10600/10800, then, I would not go short there if I am not a day-trader.
Look at this also:
http://blog.afraidtotrade.com/a-haunting-look-at-the-line-in-the-sand-in-1930-dow-jones/
There are only a few kms. between us, but we are "speaking" english LOL: