07/10/2013

The US indexes closed at the tops Friday and now Asia and Europe have taken the indexes down to current low levels. Usually the US in cases like this they want to retest the area where they closed and if the S line holds I expect rallies. As I said before this Monday could be very choppy. This is an environment the robots love and they will soon wake up. The tactic in cases like this use to be to first push the markets to new lows and buy the bottom and then start a strong rally.


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