Decision Making Architecture for Successful Trading
April 11, 2014
The S&P 500 broke below the lower box boundary yesterday:
As noted in the chart note; price broke below the 50 dma, Fibonacci retracement and lower box boundary.
Obviously longs need to be very careful today. Futures are lower and unless this improves, many traders will not want to be long going into the weekend and selling may continue into the close.
Equity weakness is helping the long bond trade noted here the other day.
Thanks for stopping by and have a great trading day!
This website / report are to be used for informational purposes only and are not intended as a solicitation, recommendation or offering of any security. This website / report are not intended to provide investment, tax or legal advice. Greenfield / Cara Media acknowledges that each person has individual needs that may not be met on this website / report and that all investors are not suited for the services, products or securities discussed herein.
Market analysis on this website / report may not be correct, so each investor must make their own independent decisions or obtain professional advice prior to taking investment actions. We make reasonable efforts to be accurate but there may be inaccuracies due to incorrect assumptions, calculations or bad data from another source that create errors in content. This website / report contains information regarding investments that are subject to many risks beyond our control including, but not limited to; economic, currency, geopolitical, business and technological risks.
This website / report contains investment opinions and information that should not be considered a recommendation to buy, sell or hold any security or follow any investment strategy discussed herein. There may be conflicts of interest with respect to investments discussed on this site due to our principals and/or our clients holding positions or contrary positions in securities mentioned on this website / report.
This website / report are not intended to be used by any person or entity in any jurisdiction or country where such use is illegal or against securities regulations. This site is not intended for use in any jurisdiction or country that requires Greenfield / Cara Media to obtain registration that it does not currently hold.
All content on this website / report is the property of the owners and must not be used, copied or distributed without seeking prior consent of Greenfield / Cara Media.
By using this site, you agree that Greenfield / Cara Media, its principals and affiliated companies are not liable for any content related investment decisions that you may make. This website / report do not provide investment, tax or legal advice. The opinions and work on this website / report are subject to change without notice.