SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GROUND ZERO™ who wrote (727)1/9/2001 11:40:25 AM
From: Chip McVickar  Read Replies (1) of 12411
 
Well thought out post.

But it's only pop in a down trend....!

That reversal bar yesterday is a beauty.

The 25 day sum has just past into my 40 day ±6 day window to reverse.
Last move on Dec 15th was exact. Going from negative to +

ob/os indicator is sitting at 1.32 for yesterday which is a +9914.....! (10,165 on Dec 29th) That's an historical high for the last few years, which rarely get above +6,000.
Nov 98 was the last series of higher at +10,00 and 12,000.
1.20 is an overbought market.

Directional change coming over the next week or the markets go higher.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext