Monday, August 17, 2015

Market update

Previous market update here

First up, we have a buy recommendation for you. Buy Dominion resources with a 5% stop, chart below

Market update

Previous market update here

No change in the market update as of now. We had a ST sell from 26th July @ SPX 2079.xx

I will post a change in signal as soon as we see it. But, let me post a warning to the bears. This is good for the shorts to close the position. 

The circled turn marks the bottom of the market whereas the arrow confirms the turn. This indicator serves as a warning prior to the turn. But, the signal change is not there yet! 


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