JustSignals successfully uses both composite cycles and technical analysis to maximize gains and minimize losses... "Confidence is contagious. So is lack of confidence" -Vince Lombardi
Tuesday, March 8, 2011
Todays Chart of the S&P500
On today's chart of the S&P500, it looks like a triangle is forming...
With our signals still on a sell signal, it is possible that resistance maybe held at the upper trend line of the triangle and will continue down out of or near the apex...
If the break out is to the upside AND our signals reverse from short to long we will reverse our position and go long...
Past performance is not indicative of future results.
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