Showing posts with label dark cloud cover. Show all posts
Showing posts with label dark cloud cover. Show all posts

Monday, August 23, 2010

Black Cloud Cover in Las Vegas Sands


Today has a close in Las Vegas Sands $LVS with a dark cloud cover over the last two days. Looking at the daily chart we should see lower and darker skies ahead with a down day greater than 2.00% the market being unable to hold their gains after being up intraday and LVS just hitting a 52 week high last week and unable to make a run higher so far this week. If I was more than a sports handicapper I would advise a short position for the next few days or until your profit target reaches. Also look at price action under 29.00 and below the 200 day moving average.