Tag Archives: S&P 500 Index

The Impeccable Timing of QE3

The announcement of QE3 propelled S&P 500 passed strong longer-term resistance at 1440.14. In my opinion, in the absence of the announcement and the backing of the ECB the index would have made a short-term top or even would have started on a Fibonacci … Continue reading

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Market is Maximizing Losses of Weak Hands

Draghi or no Draghi, the market strong hands will always find some excuse to maximize their profits at the expense of weak hands. To those of us who have been around for some time, these verbal interventions sound like an old movie … Continue reading

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