Enlarge any chart by clicking on it. Unless otherwise specified, ALWAYS use the 15min chart to enter my recommended plays because CONFIRMATION is a MUST. In other words, you need to see a 15min candlestick that CLOSES beyond the entry point, then enter when it moves 10cents after the high/low of that candlestick.
Wednesday, December 14, 2011
SPX NOT READY FOR A DROP YET. BEAR FAKEOUT MOVE IN EFFECT.
Strong run up coming. Bear fakeout move taking place at the moment. Look for a strong push up for a bull fakeout before a sustained strong bear move.
