Friday, September 16, 2011

STI - Reverse Psychology


I am looking to short today at the TURN should the market open green and rally. The last 2 days, I said a rally will happen, and true enough, I believe today we are seeing one. This rally will tell me if the bull is dominant or the bear will be in to kill this bullish atmosphere. The horizontal line drawn will be the area I am looking for the market to turn.

Ronald K