When trading longer term time frames ( weekly charts ) the information listed below pretty much says it all. You can have fun with the day to day stuff sure….but with no longer term vision / no “real idea” what’s going on (short of the recent headlines on the tube) – you’re essentially just rolling the dice.
U.S Housing Recovery:
Canada / U.S Market Topped:
SPY At Major Point of Resistance:
It’s interesting that “eternal bulls” appear frustrated as hell here at the “relative highs” – with consistent “claims” of “knocking it outta the park” when in reality – they sit confounded, and likely struggling to figure out “huh! – why isn’t this working out?”
Bulls n bears both get slaughtered – Gorillas make the money.