4/16/14: Technical issues on my platform with data from the exchange for ESM14; but we kissed the 100 EMA +/- 10 cents over a very very very brief time frame; and then it was game on as they lifted up to a massive 55+ pts in a matter of 3 days. And as of now; if you look below; we are trading above the yellow moving average as well (30dma). So all is good in the world of SPOOS; but, in my opinion; I don't trust the SPOOS. Great trading tool; don't trust em.
4/11/14: It looks like we are going to shoot the downside target of the 100EMA. Will BTFD'ers prevail? If they step in and buy the dip; I believe they will be trapped again and the continued waves down will be aggressive.
Posted with little comment; just to kick off the viewpoint I've had on the Spoos:
No comments:
Post a Comment