Downside variables for the Fed and Europe
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Sentiment is very bearish and there has been enormous arbitrage at the 1400 level.
Your mistakes are usually great learning examples.
Please tell me something I don't know and hasn't been talked about for months.
On the 7th day from the signal reversal bar on August 21, the S&P 500 (^GSPC)/SPDR Trust (SPY) gapped down and continued down.
A few parts of the decision the media isn't focusing on.
As you know, I have been looking for 1430 on the S&P 500 (^GSPC) as a potential major top occurring before the end of August.
Time and time again I hear pundits talk about how the rally isn't "real" because it is happening on low volume.