Fernando Gonzalez looks at some very compelling technical evidence that we are in for more volatility over the coming months, and that the risks to the downside still exceed the upside risk.
Last Friday's 140+ point rally in the Dow not only produces one of the strongest upward days for the year in this index, but it also happens to cross a key long-term technical measure.
Any trader who knows his salt will tell you that risk management is the single most important aspect in trading, regardless of style or technical strategy.
The last several days in U.S. Equities have been dominated by plenty of selling pressure, following what was only last week a "crawl" to new multi-year highs in the S&P 500.
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