domingo, 30 de agosto de 2009

sp 500

My bias
Bearish.
I'm convinced the price is about to plunge!

The chart
Bullish for 6 months.
Sideways for a week.

Conclusion
I can't go short.

My strategy
Wait for a bearish chart.
1018 is a short term support.
Has endured in the past week.
Let's see what happens in the next.