Sell Sp rallies today.. the most recent intra day rally did not go to new highs.. this to me shows weakness.. i am lookng to sell any and all rallies later today. i post occasionally on my trading journal boilerroomtrade.com (free) THIS IS A JOURNAL NOT A BLOG
waiting for economic data tomorrow, I have a feeling they will spin it positive and create another run higher, everyone is pushing for s$p 1000 so I think that's where they will take it. Still think were overbought.
Last 15 minutes the sell orders come in.. and then everyone says oh crap tomorrow is friday.. and there is economic news andmaybe someone knows something and before you know it.. the sp sells of nicely into the close today..