Wednesday, June 11, 2014

Market Dashboard - Retreating Market


Primary Indicator #1 pulled back today and so did Primary Indicator #2.  This is an indication that the market could be starting a significant retreat.  If Primary Indicator #1 moves back into the blue, it would signal a significant short-medium term (or longer) market decline.  

I had some tight stops set today and they were triggered.  Above is a depiction of my last entry point prediction (most recent green arrow) and where I was eventually stopped out (red arrow.)

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