Trades for Dummies

A simple approach to interpreting the stock markets moves and waves

Friday, August 23, 2013

Second day of consolidation

$SPX reached 1,665 today, en route to our target of $1,680's.

Waiting for a reversal, which when it happens it will be impulsive - the turn will be sudden
Posted by Trades for Dummies at 1:06 PM
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Blog Archive

  • ▼  2013 (121)
    • ►  September (4)
    • ▼  August (13)
      • Trend is down
      • Short term reversal confirmed
      • Reversal day?
      • Second day of consolidation
      • Consolidation began
      • We finally got the bounce we have been expecting
      • We are oversold for now
      • consolidation may occur here
      • Trend is still down
      • Trend is down
      • another leg down started
      • Trend is down
      • Market getting overbought
    • ►  July (16)
    • ►  June (14)
    • ►  May (15)
    • ►  April (26)
    • ►  March (23)
    • ►  February (5)
    • ►  January (5)

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