daily with 10 or more market updates, also weekend comprehensive report.
following is the past sample, all have changed as of current.
Wednesday March 16, 2011 Market close update:
Dear humble members,
market survived the crash threat, but closed right near the all important lower pitch fork red line.
$spx potentially completed the triple zigzags correction.
$rut shows relative strength for the past 2 days, potentialy bottomed yesterday, and has a potential bullish inverted head and shoulder, ned to break above ther black neckline for more upside.
LT trend line and MT Fibo fan line support for $indu, $spx, $rut. both $indu and $spx brielfly below the supports, but closed right at the line, waiting for further confirmation. $rut stay above the support.
$cpc closed right above the bear mark, intraday spike was much higher.
$trin closed right at the line.
all at the critical levels, tomorrow is the decision point,
8:30am ET highly market correlated initial jobless claims could also be a clue.
all my long positions are $rut related.
will use $spx lower red pitch fork line as a decision point. if $spx closes below the line, i will exit all long positions. otherwise i will hold on to all long position, all my long positions are $rut related with TNA reported to members.
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