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!
Wednesday, August 28, 2013
Long /es @ 1633.75
I'm taking another ST long position. I think the /es will trade up another 10 points from here over the next 12-18 hrs. I'm keeping a tight leash on this one with a stop just below the horizontal support line.