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mercredi 7 septembre 2011

Market does not stop in the middle of no...where..

#ES --SPX  trying to build a barely acceptable up structure.
Is -again- in a box. 
No matter how wide, yet is a box.

- Higher lows and higher highs: still have a meaning?
- Corrections, extensions equals in  dimension with timely precises swings , still have a meaning?

A mean reverting process or more prosaically looking for reasons and help to be sustained?

No doubt that this market apparently seems directional. 
Promptly veering  you toward a caveat: as someone said , is double sided , but if you'r not able to catch the whole picture , you better go fishing for the rest of your life. Trading wise indeed.

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