Monday, September 8, 2014

Poor Markets For This Trader

It has been difficult for myself for some months to make a good trade.

My experience is that markets get hard to trade for quite some time before the averages change trend.

This seems like one of those times.

And lately, at near new highs the volume has picked up. The latest trend has been to a rally at the open, and then selling late in the day.

The volume has increased the last few days with no forward movement in the averages. After years of uptrend that spells distribution for me.

The charts.

Time will, of course, tell.

control risk,
gh

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All comments are appreciated as it will give me a chance to adjust my content to any real people who may be out there. Thank you. gh