Thursday, March 29, 2012

Beware - 29 March 2012

As I write this, our system Sell signals were given last week, and today looks very much like another Sell signal (even at midday). Last's week's signals were not violated and a failed new high closing together with technicals suggest a pullback in the cards, over the next week... albeit a slight relief from the beginning of the month rallies, but at this point, looks like a target of 1260 or a breakout over 1402 on the ES.

Click on image to enlarge.

The MadScientist

29 March 2012

Note: ALL material posted here is from my personal opinion, and my opinion may differ or change without notice. These do NOT constitute as solicitation, investment nor financial advice. By reading the materials presented here, Readers acknowledge the awareness that the materials are intended for educational purposes only. For investment(s) advice, related decisions and/or actions pertaining to investments, always consult your own qualified financial advisors, brokers, etc.

Charts are from TD Ameritrade Thinkorswim platform

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