This blog is about my stock market investment in stocks, bonds and ETFs. The investment strategy is to use the common technical analysis tools such as moving averages, RSI, and MACD etc to determine the trend of the markets and invest accordingly.
The first 6 months of 2012 is over and the S&P 500 index has gained about 9%. Not bad for the economy we are currently experiencing now. From the weekly chart of SPY (ETF version of S&P 500), there was a pull back in May but the trend remains positive and continues to move upward. It is indicated by observing the 20 moving average line still stays above the slow 40 moving average line. I will continue to monitor this trend.