The Trend Is Your Friend… Until It's Not

We are not taking any long-term bullish trades, as the price action of the SPY has fallen below both the long term Chaikin trend line  and the 21 Day MA, as you can see in  Market Conditions.  We are looking for short term bearish trades in weak stocks that belong to weak sectors.  

Grab a free trial to Chaikin Analytics here and take advantage of 3 extra months and a $300 iTunes gift card when you sign up for a year.   That's a great deal, and it should easily pay for itself if you follow the system.  -- Mike and AA