Jun 25, 2012
Shorterm update
Short term I was expecting the indexes moving sideways for another day because SP500 spend whole day above 1330. Well I was wrong but as I have said if SP500 open bellow support 1330 forget it we are going down. The sellers look very strong and new low looks more and more probable(which is my preferred scenario). Line in the sand for higher low is 1285.
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