TraderGirl wrote:Watching for positive divergences to develop on the bear ETF's...looking for a topping process and potentially lower prices into mid to end of Feb....
Topping process in the market I assume? There are a ton of overstretched indexes and indicators out there today.
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TraderGirl wrote:Watching for positive divergences to develop on the bear ETF's...looking for a topping process and potentially lower prices into mid to end of Feb....
Topping process in the market I assume? There are a ton of overstretched indexes and indicators out there today.
Yes...topping process as in this may not be THE high, may see higher prices....but charts indicate sideways to down trading into mid to late Feb...mostly speaking of SPX and Dow trading sideways from here....
TraderGirl wrote:Watching for positive divergences to develop on the bear ETF's...looking for a topping process and potentially lower prices into mid to end of Feb....
Topping process in the market I assume? There are a ton of overstretched indexes and indicators out there today.
Yes...topping process as in this may not be THE high, may see higher prices....but charts indicate sideways to down trading into mid to late Feb...mostly speaking of SPX and Dow trading sideways from here....
Debt ceiling deadline is around end of Feb. to March. Not a political statement just a fact from Timothy Geithner.
TraderGirl wrote:Watching for positive divergences to develop on the bear ETF's...looking for a topping process and potentially lower prices into mid to end of Feb....
Topping process in the market I assume? There are a ton of overstretched indexes and indicators out there today.
Yes...topping process as in this may not be THE high, may see higher prices....but charts indicate sideways to down trading into mid to late Feb...mostly speaking of SPX and Dow trading sideways from here....
Debt ceiling deadline is around end of Feb. to March. Not a political statement just a fact from Timothy Geithner.
Yes, that will be our next hurdle....if it's not one thing...it's another....
VIX looks very interesting...sitting at a potential support level...next level below looks like a stronger support....but check out the MACD on this huge move down....no crossover as of yet....
Btw, triangles are very interesting on the VIX...targets are usually met...
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