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.
Sunday, July 18, 2010
S&P 500 for Friday, July 16
The bear trend has been further confirmed by this week's action. The exponential moving average (EMA) remains bearish with the weekly 13-wk EMA < 34-wk EMA. Therefore, please trade accordingly. Remember that the trend is your friend.
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