spx has shown significant weakness.so contemplating what do with the short position: book profit or place breakven stop.
it is difficult to bet against neely's record in calling important turning points but as of now , i still feel that spx will make a new high or almost reach there.given the decline so far, i am of the opinion that it will form a contracting triangle.however this is just an analysis. for trading we have to be short for positional/swing trade.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment