Here, fellow wagerers, are the CI's at this point today, with Friday's in last column:
ST Naz CI: 98.422, 91.879 MT Naz CI: 98.422, 91.879 LT Naz CI: 99.732, 98.906 ST S&P CI: 94.486, 98.496 MT S&P CI: 94.486, 98.496 LT S&P CI: 99.379, 99.831
It would be nice if the Naz CI's could close way up there, to kiss the Naz good night under a starry, starry sky, as it were.
That's my spin, but it's all speculation. The markets defy any attempts at prediction, and all efforts come down to guesses. My own guesses are never particularly good, so if you're looking at the CI's apply your own interpretaion. Two possibilities: Breakout to higher levels, as CI's hover at extreme overbought levels; or reversal from overbought levels.
Even if your predictions are right, you're guaranteed to have a bumpy ride with your trades in this volatile market. You might be right and get shaken out. So proceed with caution.
The numbers are going up as I type:
ST Naz CI: 98.665 MT Naz CI: 98.665 LT Naz CI: 99.774 ST S&P CI: 100.000 MT S&P CI: 100.000 LT S&P CI: 100.000
Hooh-boy. Will ya look at that? |