Tag Archives: extension

S&P500 Update: May 19, 2009

Posted on May 19, 2009 by Ramki

One of the hardest decisions a trader makes is to take a punt against the current trend. It is seldom profitable immediately, and he worries how far away the market will go before his view becomes the accepted thinking. The … Continue reading →

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S&P500 ready to dive?

Posted on May 14, 2009 by Ramki

On 5th May I presented you with this chart. The market more-or-less behaved as expected. In a more recent update I warned you to be patient until we get the first clue of a topping out is shown to us. … Continue reading →

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S&P500 continues its rally

Posted on May 5, 2009 by Ramki

The 886 level in S&P didn’t hold for long, and any shorts there should have been stopped just above that level. The market continues to remain strong, and there is a pretty good chance we will reach 937. See what … Continue reading →

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