Trades for Dummies

A simple approach to interpreting the stock markets moves and waves

Friday, July 5, 2013

Short term uptrend

Today all our indicators turned positive.

$SPX closed above its 50 DMA. $RUT is the most bullish average.

We are in a wave up, targeting 1,660 or so.

Posted by Trades for Dummies at 1:58 PM
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Blog Archive

  • ▼  2013 (121)
    • ►  September (4)
    • ►  August (13)
    • ▼  July (16)
      • The trend is down, but ...
      • Trend continues down
      • Trend is down
      • Trend is down
      • Next target 1,640
      • head fake ?
      • Market looking for a catalyst to determine its nex...
      • Start of a short term down trend
      • Potential short term top
      • Target met
      • Short term trend is up
      • 1,660's target
      • Short term uptrend
      • Waiting for a catalyst
      • Reversal day?
      • Waiting for the uptrend to end
    • ►  June (14)
    • ►  May (15)
    • ►  April (26)
    • ►  March (23)
    • ►  February (5)
    • ►  January (5)

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