if we pass 1160 ...

Discussion in 'Index Futures' started by mind, Apr 5, 2004.

  1. mind


    ... than this can hardly be called a bullish correction in a bear market any longer. i am still very cautious in terms of fundamental environment of this market, but the sp future recovers from his lows now in a way that the lows really seem to be pull backs.

    please disagree and argue ...

  2. How can anyone trade in terms of monthly charts that would either identify or confirm whether or not the long-term trend is bearish or bullish?

    For many perma-bears, 1160 is key.
    But if you are a trader it is meaningless.

    The Trend is your Friend.
    Pretty simple.