well as expected we have pull backed after we broke last monday's lows. Right now the spot to watch is 1370.0 which is the 50 day moving average.
Closing below this level will increase the expectation of more selling.
The information posted on this blog should NEVER be taken as advise to buy or sell securities, options, currencies or futures. This blog is for my entertainment only, as I map out my feelings about the stock, options, futures and currency markets.
You should always make your own trading an investment decisions after you carefully think through the risks involved.
Bring real information to the average person about the Financial markets. I am a technical trader that uses alot of technical tools such as Fibonacci, Bollinger Bands, MACD, TRINS, VIX to read the markets
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