SGS is LONG (As of close of 8/24/11)
RTS 200110825 Long Portfolio (Bench Mark)
My Long Term Portfolio
I'm 50% in (IWM, QQQ, SPY equal $)
Today SPX closed at its high of the day at 1210 confirming a Double Bottom price pattern. The objective for that pattern is SPX 1300, but before getting there SPX will surely encounter stiff resistance at 1220 and 1265.
Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation. Furthermore, the opinions expressed may change without notice.
RTS 200110825 Long Portfolio (Bench Mark)
My Long Term Portfolio
I'm 50% in (IWM, QQQ, SPY equal $)
Today SPX closed at its high of the day at 1210 confirming a Double Bottom price pattern. The objective for that pattern is SPX 1300, but before getting there SPX will surely encounter stiff resistance at 1220 and 1265.
Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation. Furthermore, the opinions expressed may change without notice.