The Document

Login Subscribe Now
June 2, 2011

Early Failure

Stocks followed thru on yesterday's weakness, piercing the critical SPX 1311 level and forming a failed daily cycle. If this interpretation is correct, the failure was produced on only Day 5 of the cycle, implying at least five more weeks of downside just for this daily cycle. Following this signal, I initiated a short position on June S&P futures. The primary task now becomes ...


Login to read full article.

Recent Newsletters

Macroeconomic Blog | Cycle Trading Newsletter | TrendBands Fund | Library | About | Contact Us | Members