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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: ChartMan22 who wrote (96794)9/13/2017 11:49:01 AM
From: GROUND ZERO™1 Recommendation

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Mevis

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Yeah, still negative, this is a really extended period of time... the divergence is interesting, something gotta give one way or the other... maybe stocks will fail, who knows, the obvious is that the buying is still drying up... so, stocks would typically respond to that... unless the weekly turns upward by Friday, then that would mean the beginning of a very strong rally... if it turns up on Friday's close, then it's not too late to buy no matter where it is at that time, it would only be the beginning of a move... so, today means nothing one way or the other...

GZ
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