15/11/2014

All things considered

SP500 is still the leader. Every day the daily bars will push on upside by the 8 MA but that MA is also losing momentum. Friday trading did not give enough information how this index will start the week but the buyers are tired and the main trading is only between the big players computers. If the new weekly bar cannot take out the top then the real trading will start to get as high short positions as possible. This is a crucial week especially since the DAX want to close lower. Everything is possible especially the end of the week. I take it day by day to look for signs.

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