Two days ago I noticed something ugly forming in Nasdaq and gave warning to my followers. I keep on watching it closely as things started to unfold. One confirmation after another telling me that this may develop into something bigger than most people may expect. The season changed and a new set of trading rules may give better results from now on. Did we just mark the top in the markets? I don't know but it is very possible. My trading system, powered by ENI is giving me very clear signals to watch out.
In the short term, we may test the $14 000 level but that may be just a temporary stop on the long way down. Take care!
In the short term, we may test the $14 000 level but that may be just a temporary stop on the long way down. Take care!