This is an updated chart from a couple of days ago on the SPX and we need to expect a small pullback from here. I am still very much bullish but we need to expect a pullback here. This pullback will set up some very very nice and solid buying opportunities. Needs a few days to play out so patience here as the charts reset. The SPX has attempted several times to crack thru 1180 and seems to be having trouble. I think it's best to sit in cash or be very nimble if you wanna play the short side. 1150 is very strong support for the SPX and pullbacks there would likely see some solid bounce i imagine. If i had it my way, i'd love to see the indexes pullback for another few more days. As i type this, i am noticing lots of stocks turning deeper into the red yet the indexes are only down slightly. I think CASH IS KING and look to buy stocks on dips!
Followers
Tuesday, March 30, 2010
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2010
(319)
-
▼
March
(42)
- Determing Price Targets On Patterns
- Awesome Testimonials From Two Long Time Art Of Tra...
- SPX Struggling at 1180
- Setups To Watch
- 96.0% Return In 50 Weeks Of Live Real Time Trading...
- SPX: Distribution Patterns
- Art Of Trading Member Cleared $2000 This Week!!!
- 20 Day Moving Averages And Pullbacks In Strong Trends
- Art Of Trading Performance This Week
- Art Of Trading Member Cleared $1100 On One Trade!!!
- Feedback From Art Of Trading Members!!!
- Overcoming Trading Paralysis
- Art of Trading Member Cleared $1,100 Today!!!
- Long Time Art Of Trading Member Cleared $878 Today...
- Trade Alert Taken Today At The ART OF TRADING: Hol...
- ART OF TRADING One Year Anniversary!!!!
- 94.0% Return In 49 Weeks Of Live Real Time Trading...
- Position Sizing: Finding YOUR Max Pain
- PLEASE READ CAREFULLY! Excerpt From Stages Of A Tr...
- Not Too Late To Buy These Stocks
- Awesome Testimonial From An Art Of Trading Subscri...
- Hanging Man Candles
- 94.0% Return In 48 Weeks Of Live Real Time Trading...
- Making You A Better Trader Everyday!!
- Confessions From A Trading Addict
- Random Pictures
- Preserving Trading Confidence
- CLNE: WOW!!
- TraderStewie On Twitter!!
- 93.6% Return In 47 Weeks Of Live Real Time Trading...
- GS Chart Indicating Reversal
- Awesome Testimonial From An Art Of Trading Subscriber
- Stocks To Watch As Breakouts Look Imminent
- When Brokers Breakout, It's Time To Pat Attention
- CLNE Chart Setup Update
- Phenomenal Week At The Art Of Trading!!!
- CLNE Chart Setup Update
- Art Of Trading On Investimonials!!!
- ONE TRADE: $1,000 Profit!!!!
- The Need To Be Nimble As A Trader: Don't Believe M...
- Higher Low Updated Charts
- LEARN YOUR CHART PATTERNS!
-
▼
March
(42)
Cool Traders/Sites
- ART OF TRADING Premium Site
- Charting Trends blog
- Denarii
- Finance Trends bog
- It's Gold
- Keep Unread Blog
- LaserTrader
- momentum trader
- My Trader Interview
- Mystic Stocks
- NYC Trader
- Rant About It Blog
- stock rook goes pro
- Stock Virtual
- StockPursuit.com
- The Market Guardian
- thecrosshairstrader
- Todds Trade
- trader market blog
- Trader9999 blog
- Trading Momentum blog
- Trading With Average Jay
- Wall Street Warrior
No comments:
Post a Comment