Algokid

I`M OUT

CME:ESM2012   None
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been waiting for this for the past weeks are so. the Futures formed a double top and broke support. So for me, personally , I'm closing almost all my positions. This is not the time to enter new positions . As i am a conservative investor , i will go long again once the futures are above 1420.00, but again these are just my rules.

Good luck and good trading

Comments

So at this point, everyone is saying the same thing " markets are oversold" .This week economic numbers for the U.S. will most likely be "good" ,and encourage people to buy, S&P futures may return to 1320. Then again , let's not forget Greece.
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Algokid Algokid
S&P futures made a high @ 1322,2 points above my resistance, and manage to finish the day in the red. Time to worry again
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futures is hovering around 1300 now, a nice round number, that could represent support. After been down for 3 weeks straight, perhaps we'll see a rebound.
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Algokid Algokid
still not bullish however.
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