- SPX is on the verge of doing a death cross.
- Last death cross did not perform that much for bears. I am not expecting this second one in a row to under perform. If an up move happens it will be an ideal opportunity to go short.
- But before the next big move happens bears need to takeout some serious levels. most important of them is the 200 Week Moving Average.
- Death cross will happen But for it to succeed price need to stay below 200 Week Moving Average.
- NFLX WEEKEND UPDATE
- BEARISH ENGULFING OF BIDU
August 7, 2011
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