Tuesday, March 15, 2011

SPX Update March 15, 2010

  • Got my 5%+ correction I was aiming for with a High to Low range currently at -6.17%
  • Currently from high to close we are seeing -4.7% 
  • However, Strong and Clean closes under 50 SMA means free falling inbetween. 
  • Strong volume confirmation - my RSI and MACD read were good 

Side Notes:
  • Ending up even on energy trades for this month so far (lets hope a longer term trend can establish)
  • Locked in some FX positions but risk on is making for more interesting range bound trades, I will have to wait it out

Alexander Lê
Managing Partner
Analyze Capital LLC


  1. Earnings!? come earnings we probably will see the snapback with "supposed" strong margins... Keep raising the bar guys keep raising it...


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