Tuesday, May 3, 2011

Test of 13 D-EMA and Backtesting of Neck Line for SPX

SGS is Long (as of close of 4/1/2011)
RTS 20110404 Long Portfolio (Bench Mark)
RTS is selling NOV and buying JDSU tomorrow at the open.
My LT Portfolio
My IT Portfolio
My ST Portfolio

More selling is very likely for tomorrow and Thr.  Odds are very good for SPX to test its 13D-EMA in mid 1340's and tag the active neckline in upper 1330's.


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.