28 Feb 2013

Month has ended and we have some doji's on our monthly charts for some index.  Our ES high made on Monday was not breached, and followed with a late day sell.  I would consider this bullish but until our mid-term trend reverses, we still remain short but cautious.  The SPX has closed with a daily shooting star doji as well and has not passed Mondays High.  We will watch tomorrows move to see if an impulsive attitude.