Monday, 24 June 2013

Markets Going Down - After June swoon, July rally could be time to sell

June 24, 2013

After June swoon, July rally could be time to sell

The market action two weeks ago provided us clues that the market has indeed topped. It also warned us that the decline we experienced this past week could occur, which had us stopping out of all our long positions at 1639ES, and with many in our trading room beginning to short.

But even though we will likely see a rally in July,

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