Sunday, November 10, 2013

SPX Is Up Against Stiff Resistance

In Cash as of 9/3/2013 

SPX very likely will sell off this week to retest its 20 D-SMA and support at 1740.  My plan is to do my first buy of 4 around 1740.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).

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 N without notice.