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Tuesday, 28 March 2017

S&P etc., Down-channel emerging



I think the down-channel of the SVP is emerging, and I have replaced my previous "Indicative Resistance Line" (green) with my new "Emerging Resistance Line" (blue). Time, then, not for exiting the short, but for strengthening it!

Same goes for the other American indexes. European and emerging indexes may suffer a little as well, but are not (as) over-priced as the American.

1 comment:

  1. There she goes! That line is breached, and I am out for now.

    ReplyDelete