Seasonality and overbought... Professionals shorting and non professionals buying. Insiders selling. Forex giving strong bearish signals... Complacency...
I don´t know from this point if S&P500 can trade above 1700... What i am seeing is that even the bearish blogs are expecting a rise above 1700 and this is not good... I exited my long positions and start shorting. My forex trades (long JPY and USD against some currencies are working).
Bellow is a chart from one of the worst indexes IBEX30, where you can see a good spot to short.
Buy the Dip or Sell the Rip?
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In this edition of StockCharts TV's The Final Bar, Dave welcomes Bret
Kenwell of eToro. Bret shares the levels he's watching for AAPL and AMD,
speaks to th...
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