Thursday, November 12, 2015

11/12/15 - EOD Update

So far the H/S pattern(s) has not disappointed. The market has met the blue target and working potentially on the purple target at 2020. I covered my shorts today, possibly a lil too early, since the 200 day SMA did not hold.

The market may be heading for the 50 day SMA, which is currently at 2000. I took a little long position today but not sure I'm gonna hold it. We'll see what the action is like tomorrow.

60 Min