Daily swing trading is fine but long term we still have some major highs to put in. All the big hands know it too. Any correction is just a buy opportunity until this plays out. The big hands also use 1 year, 5 year candlesticks. It makes long term investing so much easier.
This market smells like Gold in 2011 --- Approaching Bubble Levels. 2014 for SPX will be like 2012 was for Gold -- Consolidation Top and 2015 for SPX will be like 2013 for Gold. -- Breakdown This is how I see the major swings playing out. VIX is very cheap and we all know a market crash will send increase the value 2-4 fold. Can VIX see its all time lows in...