Sunday, July 7, 2013

Looking Good

Updated for recent trades and dividend payment
 
On Friday both NAZ and RUT broke through and closed above their primary downtrend lines.  Chances are excellent that other indices follow suit this week and give the green light to SPX 1700.
 
I'm still waiting for a close above and back test at SPX 1635 to do my final buy, very likely sometime this week.

 

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.
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