Mongombolo, Nice effort on posting charts and drawing...

Mongombolo,

Nice effort on posting charts and drawing lines....etc..bottom line is, what do we do to make money..?

Nice Fancy charts and trend lines etc...question is, can you tell us if we should go SHORT or LONG...today/tomorrow..?Will we buy today to go long next week or do we short the SPX because there is further drop next week.
With all this talk,that if this breaks that and that does this and this line was broken etc...etc...can you actually make a call and guide other posters to which way the market will go and what to trade to make money...??? Do we get in today or tomorrow for next weeks action...?

Based on your analysis what are YOU doing...? Should we look to short the SPX/XJO or go long for next week.What are your RSI, MACD, DMI and Stochastic charts, you post etc...telling you.??? Posters need to know today/tomorrow to get ready to act and place their positions etc..for next weeks moves.

Please enlighten us.Just curious as to what you are doing today and when we should act to take advantage of what the charts are telling you.

So what do you suggest...? You say the SPX will go to 814 a 65 point drop from these levels, so should we then go SHORT today for further falls next week....??? Have you gone short today and expect the SPX to drop to your 814 level next week..?

Cheers.