Well, the double top is in...

ironchef said:
:thumbsup:

And anyone started trading from 2009, going with the trend, would believe they found their magic formula and the Wall Street money machine.:finger:
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In a way they did find the magic formula - if they realised that following a strong trend is a sure way to make money.
 
That double top was good for a 10+ pts short and now 2 more tops making it the horizontal line of an ascending triangle ready to break above 2806 SPX...
 
Look long. We should be going lots higher. They are being forced to invest lots and LOTS of money into funds. Even the best 'short signals' are only ever good for like 10 handles or so, whereas the weakest long signal will usually give you 20 handles. Play smart. Use the inbuilt edge of the market to make consistent money
 
Another one was spotted at 2854 ES (1st yesterday, 2nd before the open). Market looks exhausted, it needs a break...
 
Pekelo said:
Another one was spotted at 2854 ES (1st yesterday, 2nd before the open). Market looks exhausted, it needs a break...
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They had their break yesterday, crack that whip on them!

P.S. Your post count on this reply is 13,337 which is an extended form of "leet" (which means elite) in calculator geek speak, hehe.
 
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