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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.52-0.3%Jan 7 4:00 PM EST

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To: codfish23 who wrote (88173)11/29/2016 12:05:33 PM
From: GROUND ZERO™   of 221444
 
I just got back from my workout, sorry... looks like the low for the big one is 2197.00, so not quite, but the mini did... so, it's a toss up here... good move to cover, I did before I left... it's very tempting, but it still has that overhead hurdle to clear... even with the flat line momentum line moving lower, this market could still move another 40 SP points before running out of steam for the near term... I just put on my EQ spread and will just let that cook for a while...

A lower low and lower low, could be another bull flag or and up day trending lower near term... I'm just going to wait for a clear signal before I jump into the creek...

GZ
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