Monday, January 21, 2013

Dow at MR2

The 8 day ema moving average(grey line) has been support for the past 2 weeks, Everyday I buy the intraday pull backs to this line(or S pivots) and sell at the end of the day. Easy money! I am looking for a market top soon. We closed last week near the monthly R2 pivot point. The March YM is very close to it's YR1 pivot point at 13618. Look for pull back any day/week. Bradley turn date on 1/29. Fed meeting 1/30.