Not sure what the jobs report will be tomorrow but S&P 500
up against resistance combined with an overbought stochastics does
not bode well. I closed most of my longs and took profits as
Steve recommended. Time will tell.
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S&P 500
Posted by morton13 on 1st of Sep 2011 at 05:02 pm
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p06975697309&a=65458533&listNum=3
Not sure what the jobs report will be tomorrow but S&P 500 up against resistance combined with an overbought stochastics does not bode well. I closed most of my longs and took profits as Steve recommended. Time will tell.