Algokid

I`M OUT

218 4 0
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
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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still not bullish however.
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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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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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