Monday, February 25, 2013

Trader Update -data point 26 February 2013

...after the 2008 spx500 Low. (2 standard definitions below long running trend), price action now most likely testing the 15-yr long running trend line just above the *1481 level - returning below the line confirmed will introduce some violent down side price moves - watch out!!!!
...on the flip side, hitting past *1530 confirmed, will see new all time highs ahead

Kind Regards

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