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!
Monday, August 26, 2013
out of longs @ 1666 & 1665.75 from 1655.50
The /es has entered a major resistance zone. I will look to enter shorts soon. Probably somewhere around 1670. The 1st chart is why I exited longs and the 2nd is where I am looking to re-enter short positions.