The focus of the blog is on the economic and financial uncertainties that the world economies will face over the next five years along with demonstrating how investors can profit and survive during the upcoming manipulated economic chaos.
Please keep-in-mind that I don't provide investment advice. I am simply posting what my investment views of the market happen to be. Your investment decisions are solely your own responsibility.
Friday, July 09, 2010
S&P 500 Weekly Update: Bearish Cross on EMA Strategy
We now have a "Bearish Cross" on the weekly EMAs (13-week < 34-week). Therefore, one should trade accordingly. Remember that the "trend is your friend."
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