The S&P has topped !
- Thread starter fly down
- Start date
CAC40 (which I trade) is as we speak trying to break the first actually relevant resistance level. If it goes there the money train will keep rollin' otherwise it's a correction confirmation
Edit: Rip or dip, rip or dip...makin' it exciting lol. Looking more like dip now.
Here's a picture so you know what I am seeing: http://www.sierrachart.com/userimages/upload_2/1298387075110.png
Edit2: Rip it bitchez!
when perma bears convert.... time to jump ship
lol no. I did consider it for a second but the thought was put out of my mind rather quickly when the CAC40 did not manage to even break the DH (which was pretty much the open) and didn't break into the gap.
I'm mostly pissed off I too passive to short the fucker at the point I posted this afternoon.
Going long might be a good idea tomorrow-ish or maybe next week, but that really depends on how many dip buyers are to be had down below. I wouldn't touch this until I see it respecting some support levels.
Edit: I have to say though, my trick seems to work because the last time I posted on this board that I was getting bullish the market tanked too.
It's now STFR (Sell the fucking rally) mode until proven otherwise
