Permabear Doomster

Market Analysis, Charts, Macro-Economics, and other nonsense

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Tuesday, 7 August 2012

A mere 16pts from taking out the sp'1422 April peak.

sp'daily5

Summary

What can be said about this, really?

No sign of a turn. No sign of levelling out, with the sp monthly chart...outright bullish.

Trading Sunset: London, United Kingdom; Independent research, analysis, and commentary on the world equity/capital markets. Options trader (14+ years), and stocks (33+ years). The only two things I recommend. 1. No margin. 2. Read as much as you can, especially from those you might not like!

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