S&P  500 Futures Trading Blog

Ramblings About The Financial Markets

An RSS Web Blog by M.G Gerard

About this blog:

Free trading tips and strategies for stocks, options, commodities, and futures markets from real traders.

Visit my Home page
Blog Home
Blog Archives

Subscribe:

Subscribe to blog feed via MyYahoo

Subscribe to blog feed via Google

Subscribe to blog feed via MyMSN

Subscribe to blog feed via Bloglines

Subscribe to blog feed via NewsGator

The Bottom Is Not In, Regardless Of What The Technicians Say...

Monday, 24. July 2006
There are no circumstances that you want to go long this market. Consider the S&P 500 futures is trading lower for the year as is the other indexes. All indexes are trading below 200 day M.A. The trend since may has been down and volume is increasing to the down side. We will continue to stay in cash for the long term and take short swing trades should they come available. We will sell 1243.75 should we get a setup. That means twice through the number with a supporting chart pattern. Or in other words let 1243.75 break and shift from support to resistance.

Visit my Home page | Blog Home | Blog Archives

© 2010 M.G Gerard : all rights reserved

Powered by HitRSS