SPX daily update
Wednesday, January 21, 2009
The spx made only a lower low with 0.6 points. I expected a new lower low in the futures, but it went against my will. To help the "party", i didn't noticed the micro wave iv of the final v and the consolidation at 810-816 points also didn't help me. When i arrived home my stop was already activated and the "picture" become more clear.
Sorry guys. Today, i'm sad because not only i wanted long in this uptrend, but also, and the most important, because i didn't had the correct vision of the markets.