Spectre's Journal

enjoying your thoughts and charts thanks

 

no catalyst for 1250, 1374 is more doable.

 

after fiscal cliff drama, SP/Moodys downgrade of US debt, we should see 1370's, if confidence is brought back we can make a run for 1555, if not then 1250's.

 

http://money.cnn.com/2012/10/24/news/companies/bank-of-america-lawsuit/index.html an unwrapping of several of these or a few will get the ball rolling, after election is wrapped up,shift the blame off
dc

 

all the best to you and your trades/trading.

 

1430-33 topping zone.

 

result

 

the trade is so obvious that sometimes you can second guess it.

 

cascade

 

ES lines