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Post Market Analysis, Monday November 9: Bullish

November 9th, 2009 Leave a comment Go to comments

The markets finished up big today after a nice gap up and continuation today. Volume was light and the VIX only dropped 2x the move up in the broader market. I am hesitant to go long here in the face of the 110 mark on SPY. However, the trend can heal itself and become more bullish if we break above the UPPER line of our big orange rising wedge with confirming volume.

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Thanks for being a part of Swing-High.com! Always trade with a stop loss and manage your risk appropriately.

Talk to you tomorrow,

Jason

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  1. forex_strategy
    November 22nd, 2009 at 22:51 | #1
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    I like this site really much.

    This is such a great place.
    And it is not like other money oriented web, the information here is very useful.

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    :)

  2. Jason B Gordon
    November 23rd, 2009 at 12:28 | #2
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    Thanks for the kind words!

  3. Debra
    December 18th, 2009 at 13:28 | #3
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    great post. I would love to follow you on twitter. By the way, did anyone hear that some Iranian hacker had hacked twitter yesterday.
    Debra

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