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Stock and Forex Trading

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Blog Name: Stock and Forex Trading
Url: http://www.mystockpips.com
Language: English
Topics: stock, forex, volume
Description:
Popularity: 19 Followers

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Failed Test! Plus, Divergence!
The S&P got above the 1113.69 level and then closed below.  Sweet!  Furthermore, the volume was terrible.  Double sweet!  I took the opportunity to invest in the SPXU which is 3x leverage of the in...more
12/1/09 - Tuesday
No test!  This is telling me that we will break the 1113.69 mark and go beyond it as the market seems to be building cause to go higher.  Am I a bull?  NO WAY!  I am still a bear, but based on the ...more
11/30/09 - Monday
Flat day today!  Volume was very weak.  I suspect us to test the recent highs of 1113.69 on S&P.  I am still waiting for that test to come in and fail with heavy volume (at least 5 or 6 billion) so...more
11/27/09 - Friday
Down, but unfortunately, not good.  The S&P tested the recent lows and closed above, of course, on very weak volume.  I was hoping we would test the highs and close below, but why would a bear get ...more
11/25/09 - Wednesday
As expected, the volume was worse today than previous days.  The worst part is that we did not test the recent highs so we are still going to go higher.  I am hoping that we test the rece...more

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