The Fusion Media Network:
  • CFD Handel
  • Mercado CFD
  • Trading CFD
July 31, 2010
 

CFD Brokers

 

Greenback Trading market update

By:   Michael Holte
  • 2009-07-07
0
votes
 
Just a quick update on the state of the market as I see it. We are sitting right on the neckline of an approximate 75 point head and shoulder pattern in the S & P 500 chart. I think that neckline will be broken after a very small attempted rally, where I think you could tighten stop orders on any long positions and enter positions in ETF's such as FAZ, SRS, or SDS.

Video - Video of a Market Update.
 


Next Analysis:
Content Provided by:
Greenback Trading
Michael Holte moderates the Alert Service at GreenbackTrading.com. Generally, He sends fifteen to twenty recommendations per month. They are all based on computer generated signals to find the best chart patterns breaking out. Many times making explosive moves of 10 to 50% in just a couple of ...



  • Comments

Add a Comment
Title:
Your Opinion:

  • Promotions

  • Survey

  • Sponsored Links


  • Trade Directly From Charts. Easy
    To Use Platform. 100:1 Leverage.

  • Trade The Major Stock Indices,
    Commodities, Metals, and Forex.

  • No Commissions, Fast Execution
    High Leverage, $200 Bonus, 24/7
 
 

Special Offers:

Continue to Cfdspros