TA - Short Term Trading, page-321

i just had a look. I mean its not great that its down, but i dont strictly abide by it when placing my trades, but there is definitely a correlation when viewed over a period of time. i currently have a tiny position in GXY, im waiting for some direction. as to which way she is going to move i cant confidently make a call, even a wrong one. Because there are 2 things at play that is likely to affect sp for the next two weeks, but its possible that one of those can very quickly change to strong bullish movement. This is obviously a short term comment before any longs freak out