Stay Short – Stock Market Trading Newsletter – 20120604

Remain Short. No major changes last week, but we did see Fear Rise sharply. Who can we Blame? Looking for us to find support @ SPX 1250. We may see a bounce up to 1296 — 1300 before we head lower. Looking at the 60 minute charts, the first signs of change would be a VIX below 24.64, and the SPX above 1295.96. The GLD filled the gap on Friday, that was the easy part.- Daily Free Stock Market TradingNewsletter – Start your trading day off on the right foot, with Stephen Whiteside’s Stock Market Timing Television. This free daily video newsletter focuses on the major Indexes and ETF’s, as well as the US Dollar, Crude Oil, Natural Gas, Precious Metals including Gold and Silver.
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