Current S&PTrends:
Hourly: Accumulation
Daily: Distribution
Weekly: Distribution
Monthly: Distribution
According to CNBC:
Hourly: Accumulation
Daily: Distribution
Weekly: Distribution
Monthly: Distribution
According to CNBC:
If you want to know what my trading idol, Gary Kaltbaum thinks, click here.
My feeling is that using leverage to cure leverage is, at best, at stopgap solution, and at worst an invitation for making things much, much worse!
So far Gold seems to be continuing it's toppy pattern, which is good news for the US dollar.
Anyway the important things in life:

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