Based on the SPX 5-min :
The more time we stay below 1191, and the resistance cloud will be stronger resistance. So bull need to go higher from here faster and buy more time
Al_Dente wrote:PAGING Baron von WussBear52
Speaking of exes, I saw yr ex over the weekend, she said u gave her this shirt off your back, wanted to know if she should return it to you. I steered clear of that one entirely. Would never hit on a bud’s ex. Not Al, not even for a blonde. http://screencast.com/t/r55fdDDZ
Dow Trader wrote:Based on the SPX 5-min :
The more time we stay below 1191, and the resistance cloud will be stronger resistance. So bull need to go higher from here faster and buy more time
My intra-day McClellan Oscillator reading is well in the oversold region now. If this is like normal times, a bounce should be forthcoming (next day or two). If this is like August, this thing can get more oversold and stay that way...
everyone sees a little H&S bottom here? Only breakout counts so it just look like so far away being confirmed.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Sold half of TZA position from Friday.
There is another gap on SPY around the 117.75$ range. There is also this morning huge gap above our noggins.
Not ready for a bit of TNA but tempting.
PAGING juankim: u are a very kind and smart person, and I very much appreciate yr comments. I’m going to migrate to firefox over the weekend; wish me luck
“There is no reason anyone would want a computer in their home." [Ken Olson, founder of the now defunct DEC, Digital Equipment Corp., 1977]
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.