Monday, July 16, 2007

Where Now?




Dear Readers, Finally the Sell Pressure is high levels and you know what this means. 1-3 days of distribution and SELL. The ETFS-OSCILLATOR has peliminary SELL FLAG RAISED as well. All systems are go. Need to wait for the right time to strike.

6 comments:

indextrading said...

yep - thats exactly what I smell though I would be confident only after I see weak enviorment.

Good trading

boris said...

Dear Indextrading,
Glad to be on the same wavelength.
GOod Trading

Jim Taylor, JD said...

Resistance:
DOW: 13924
NAZ: 2705

Jim

Jim Taylor, JD said...

NYSE: Thin ICE at 10201

Jim

Edwardo said...

Boris, do you have a long term target for the S&P 500?

boris said...

Dear Edwardo,

1603 and 1700 are the possible( however unlikely, unless $ drops more ) levels un the upside.

Good trading.