Wednesday, May 19, 2010

Possible Downside for SPX ....

SGS is Short.

SPX seems to be sandwiched by 50 D-SMA (as the resistance) and 200 D-SMA (as the support).  There is a good chance now that SPX comes down to retest its 200 D-SMA at lower 110X sometimes this week.

SGS is short.  Full portfolio update this weekend.

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice.  Furthermore, the opinions expressed may change without notice.

No comments:

Post a Comment