Tuesday, April 9, 2013

SPX April 9 2013

SPX Remains in Uptrend

SPX theslayersmarketthoughts.blogspot.com
The SPX moves in very orderly channels.

The market remains in an uptrend. I realize this is not a news flash when the averages are hitting all-time highs, but it pays to return to the charts to see what the parameters are.

Naturally, there are many who wish the market would drop quickly and forcefully. It will - at a time of its choosing. Trying to guess the top is possible only by pure luck and chance. Better to wait for the uptrend line to be violated first, then reap some easy profits.

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