Tuesday, May 19, 2015

Tuesday MBI SPY

MBI is a short bias. Looks overextended. CHOP did exactly as I expected coming off of that bull flag. I didn't trade Monday and missed it. Gold miners are kind of erratic here and aren't as easy to trade as usual. S&P 500 and Dow Jones is a long on any continuation breakout. I posted on this the other day about the bull triangle on these indices. SPY and the Dow.

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