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, November 7, 2013
Covered /ES Short @ 1770.75
I'm taking a loss on my short this morning. It looks like the market is setting up for some type of short term blowoff type move. I will look to short the futures again when a legitimate set up presents itself. If I had to guess I would say 800-805 on the OEX should terminate this move.
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