![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiVAhyphenhyphenEGCWlRTtKNgYR4W63a2EEmNy_Cxd_G0K1xRJYkB3MJZayhT-_Uy0XvXBBYoAJIKp3GH-xmeKJW1hLt10CctiU3mFd0C8rhyphenhyphennT7G1l5vo2kB4vSGX5lBaOqLXepwOJv6BhuN-orVNO/s320/smSPXtest.png)
It doesn't seem to work well as a trading tool, but looking at this picture, one can spot a new high recently...
This could infer a breakout of a new trend.
So, yes I am shorting now, but that is only for a short to intermediate term.
The longer term may be more up...
Cheers,
Hopper
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