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Archive for April 27th, 2015

$SPX once again fails to break the resistance. Another fall down is likely, read why!

Last week the market broke the descending resistance (the top of the falling triangle) which gave hope to many investors turning bullish. I myself was also fooled by this market (again) into believing that we finally see a break out. Friday’s trading moved the markets into the new all-time-highs and I decided to reverse my Continue reading →