Thursday, December 1, 2011

Indices Need To Make A Decisive Move Above Their 200 D-SMA's Soon

SGS is LONG (As of close of 8/24/11) 

A quick and decisive move above 200 D-SMA for all major indices is a must now.  I expect all five major indices trade above their 200 D-SMA by mid to late next week.

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.