Market Going No-Where Buyers and sellers are gone, no one control this market now…I don’t know if it’s because of all those news that get released by Bloomberg, about Bank’s corruptions and they debts, job losses more than usual time, But it may scary many investors to keep buying in this Market. The paradox, it’s,…
SPY the S&P500 ETF trading is retracing yesterday’s buying action and could start our next retracement to previous swing lows. Sellers moved in on light volume this AM and did a 70% retracement of yesterdays buyers price action. I have highlighted a few areas of support for a move down. Remember this is the season…
Day Trading – Trading Head And Shoulders pattern HP are quite interesting to short. Most of stocks are Overbought. Everyone can see this on S&P500. The reason, why this time can be different, it’s many important stocks from S&P500, are starting to be sold in big quantity. Market can’t go Up for ever,as people are…
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