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Strategies & Market Trends : STO AV/DB Workshop

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To: SGJ who wrote (18)	3/17/2012 12:17:05 PM
From: SGJ	Read Replies (1) of 93

SPX: 5 min inconclusive, does have a PPO sell signal hit right at the end of the day, but it started curling back up to a buy signal on the last 5 minute bar. All the MA's are bunched together and inconclusive. STO array inconclusive. ADX bearish. 10 min inconclusive. Operating under a PPO sell signal that appears to be shallow and already moving back to buy. 15 min and 30 min inconclusive. 60 min slightly bearish. PPO, RSI and STO array falling. MACD bearish cross. For Monday, high probability market could move down 5- 10 points early, then start back up to put AV on the 60 min. Daily, Weekly and Monthly: No change....staying long. Target 1550-1580.

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