Tuesday, November 23, 2010

Trend Still down unless

1206/1207 stop go flat. Spx The second sell is at 1199.xx but so close to the buy/sell line we just ride with the 1206 position in an ETF.
This is a Blue week as the chart will show. You will notice many are noisy sideways affair's.

Click image to enlarge.

New people this is a trending model and it will not pick tops or bottoms but the right trend can run 3 to 6 months. I can't pick prices well,so just get on the train and ride .
Jerry

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