Daily swing trading is fine but long term we still have some major highs to put in.
All the big hands know it too.
Any correction is just a buy opportunity until this plays out.
The big hands also use 1 year, 5 year candlesticks.
It makes long term investing so much easier.
This market smells like Gold in 2011 --- Approaching Bubble Levels.
2014 for SPX will be like 2012 was for Gold -- Consolidation Top
and 2015 for SPX will be like 2013 for Gold. -- Breakdown
This is how I see the major swings playing out.
VIX is very cheap and we all know a market crash will send increase the value 2-4 fold.
Can VIX see its all time lows in...