Tuesday, April 27, 2010

The Rest of The Story

What caused the market to sell off?
Go look at April 18th's post titled "Was It Goldman?"....spooky huh?

Looking at the 480 minute chart below, we had this perfect set-up for a sell yesterday and today was just a continuation of that signal.

Thirty points. Not bad. Remember we only had a 9 point move down yesterday.

Compare all of the charts and signals. Which ones gave you the best signals?







Looking at all the HMH signals, I'd say we're headed up tomorrow. But we'll know tomorrow.

Warning: Futures trading involves risk. You can lose all of your capital and more. Consult with your financial adviser to determine if futures trading is suitable for you.

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