Sunday, January 9, 2011

A Retest of Lower Price Channel Line and 13D EMA for SPX Likely Tomorrow

SGS is Long (as of close of 12/1/2010)
RTS 20110103 Long Portfolio

SPX very likely dips down to its lower price channel line and possibly to its 13D EMA tomorrow.  If that happens and not much selling occurs in the broader market, then that dip would present a good opportunity to scale into more long positions.  More on my FB Wall tomorrow during trading hours.

.Face Book

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

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