CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: rayrohn who wrote (7166)	6/16/2008 4:04:46 PM
From: skinowski	Read Replies (1) of 41420

Action in SPX, OEX, INDU since 6/11 low is choppy and wedgy, with many overlaps. Will travel tomorrow - staying short, stops above SPX 1375 and equivalents (137.75 or so on SPY). Oil is tracing out a very nasty daily candle today - the bearish engulfing pattern. Could be still part of a correction, but in this case it would need to recover very soon. Not a healthy looking candle.

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