The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at toddstrade@gmail.com
I am always open to questions, comments, or suggestions on how to improve this blog.


Tuesday, December 14, 2010

rounded top?

Who out there considers this to be a rounded top in the SPY?  Remember, a rounded top can break out in either direction!  Vote now!!
If I don't get more than 10-votes I'm closing this blog and nuking the contents....tick, tock, tick, tock...

3 comments:

hypr said...

I say no and the analysis is as sketchy as anything that Cory says on http://blog.afraidtotrade.com

Rich said...

I would have to say yes. Short Short Short!

Jzz said...

something is wrong with me.I was bearish not long ago. but now bullish. Damn!