The purpose of this blog is to provide a unique insight into trends that guide market prices. It is intended to educate and show you characteristics about the stock market, of which, the so called "professionals" have no clue. Traditional technical analysis is almost completely worthless and that is one of the main reasons for the creation of this blog. If you enjoy market analysis and information that you will find nowhere else, this blog is for you!
Thursday, April 18, 2013
Support broken. Wave of selling could start at any moment
ST support is now broken. Nothing but air until 1515-1520. If selling to does not start today tomorrow will likely start with a large gap down open. Perhaps as much as 20-30 points on the SPX.