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!
Tuesday, August 27, 2013
short @ 1636.25
The /es needs to close below this level in the next hour or so. If not, there could be a sharp move higher over the next day or two. As of now I believe the market is vulnerable to a move lower that probably ends around 1615-20 in the /es