Happy Labor Day everyone and hopefully your weekend has been great.
The last time I showed you SPX was at 8ema resistance.
Here's another look with LT MA.
First, where's the volume?
Second, fine line at the 100sma.
Third, some humps to get over.
Would not mind getting some SUN. SUN set (exit) under 34.
Posted by
Unknown
at
11:02 AM
beanie,
Name you time frame and I will bet you that SLX or MOO will outperform PBW.
3 years from now:
PBW from 25 to 100 (hell yeah!)
SLX from 88 to 350
MOO from 53 to 210
NLR from 39 to 155
Which is more likely? PBW, back up 9 trucks.
Btw, PBW is an etf. Nothin wrong with 50% of your money in it. Just watch the sector and watch the chart for developments.
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