Good day mate! I like the title weed on...
lets start off with SPX, now that we are approaching the most sensitive and obvious zone as we human can easily identify. the market will do one of the two thing, 1. over shoot and 2. under shoot this level. Me? betting on the over shoot ( this case below 1250) see my simple Fibo combo. 1250 is given almost so we thought, I believe that it will so the neck line is properly lay. Market makers and brokerage houses know that's where they can make the most bucks.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Cobra: are we aware that : $CPCE is at higher levels than March 09, and that 10 day sma of $CPCE is very high...??? Dont this speak of a low....very soon....??? Appreciate your view. Tks for response, and for all you do..!!! Best blog and TA view..!!!!
matrix » Sat Jun 18, 2011 2:41 pm
Cobra: are we aware that : $CPCE is at higher levels than March 09, and that 10 day sma of $CPCE is very high...??? Dont this speak of a low....very soon....??? Appreciate your view. Tks for response, and for all you do..!!! Best blog and TA view..!!!!
UBS' Andy Lees: No, The Surging Put/Call Ratio Does Not Imply A Market Bottom, And May Presage A Waterfall Cascade In Stocks
Submitted by Tyler Durden on 06/18/2011 12:25 -0400 http://www.zerohedge.com/article/ubs-an ... e-waterfal
the market's goal is to distribute the wealth of many to as few hands as possible
Technology and Semi conductors, I see nothing to talk positive about as far as swing trade signal, unlike the financial and transportation. but if Tran and Fin were to fail this coming week, there will be a long hot summer for the Bulls. financial is do or die time (hint: Euro land) so this coming week my forecast will be scatter thunderstorm.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Fear indexes, Sell the Rally is still on. for someone who see Vix as extreme, well use RSI 14, 80 reading before I would say it's time, not today not yet. or this time is difference I see.
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My comments are for entertainment/educational purpose only. NOT a trade advice.