SP500 PE Ratio has broken supports, next real support is in the 7 to 5 area. When looking at PE's I prefer to look at the Dow, which also has a lot more history. If it is any indicator or where support actually exists, then we are looking in the 3 to 5 area for support for PE ratios.
TF Swing nets 8+% return on this trade $81,000 profit on a $1 million allocation...continues wins. Please note that this contract does include the monday session and this system has been upgraded to RVS 2.0 as it installed on the trade servers.
The hypocrisy in the systems that we use for finance and government is a symbol of totally compromised ethics and values that are acceptable as long as you and your friends benefit. To think that our rights, environment and privacy will be protected while leadership is so conflicted is a pipe dream. The markets and the financial system will be used to drive the compromises of our rights while blaming the productive elements of our society while seeking to vindicate the parasites...fun times...all we have to do is watch Obama to see that happening.
I use Multicharts Charting and Backtesting Software.
I post high resolution charts made with Multicharts and Adobe Illustrator. Click on chart for a more detailled view.
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