urshilikai

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SPX 50% | 1 BAC 50% | 1
urshilikai urshilikai SPX500, D, Short ,
SPX500: SPX500 weakening momentum with significant resistances ahead
47 0 0
SPX500, D Short
SPX500 weakening momentum with significant resistances ahead

Even if the fed starts QE4 tomorrow the geopolitical factors from EMs, China, currency wars, Russia and potential Eurozone crisis might be enough to take us lower. Cheap and plentiful goods won't be so cheap and plentiful over the next few years, and our industrial output can't pick up that slack instantly. Outlook should not be positive at our current valuations.

urshilikai urshilikai BAC, 30,
BAC: Bank of America Technicals
57 0 0
BAC, 30
Bank of America Technicals

No idea which way it will break, probably in the direction of the broader market. Lots of supports and resistances along the way though.

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