Switch gears…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p97142210271&a=214966864 The general market environment has deteriorated over the past few days.  In the SPX a new pattern appears to be emerging-- namely a lower high and a lower low. …

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Busy, busy, busy…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p97142210271&a=214966864 We are lifting our hedges and observing a couple of signals.  First, above the basing point has advanced in the SPX, and so  the stop has advanced, as drawn. …

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