The S&P 500 sold off since early on, losing 25 points, before the buyers stepped in at 1160 around the 20 day moving average.
1150-1160 is the threshold for the bulls and bears.
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- Tom Heine
- When I started trading back in 1998, fundamentals were important as well as P/E ratios, when making my trading decisions, they still are for long term investments, but after reading countless books about stock trading, investing, technical analysis and subscribing to every known stock trading site there is around and by trial and error, I evolved into a technical trader. I started this blog to share my opinions on trading the SP-500
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