S&P 500 Index
Short
Updated

Murphy's Law

1647
John Murphy Technical Analysis of the Financial Markets: Fig 4-10a. I post this every time I see it but most folks never read it.
Get it, read it. Best advice I can offer.

free here:
cdn.preterhuman.net/texts/unsorted2/Stock books 029/John J Murphy - Technical Analysis Of The Financial Markets.pdf

Breakdown of rising TL with retracement and rejection. Confirm 11/09, expect much lower real soon.
John says we goin down for a measured move. A=200pips; C>200 pips ->3660 target. Rally done imo. Swing short.
Note
shorted it; cpi incoming
Trade closed: stop reached
Wow.

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