Technical analysis for shorts & longs Message Board

STOCKTALK

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 : Technical analysis for shorts & longs

SPY 694.04

+0.7%

Jan 9 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (47878)	5/4/2012 10:06:22 PM
From: Johnny Canuck	Read Replies (2) of 69640

Away next week traveling on business, updates will be sporadic. Sell signal triggered on SP500. I expect one more down day before a bounce. DOW stopped short of a sell signal. Dow transports barely triggering a sell signal. Finally have a sell signal on the COMPQ. Short term sell signal within an intermediate up trend channel on financials. I would not be going short in a big way here as the intermediate up trend remains intact. Scalping a few points is fine. A big break down is not quite in the cards yet. Gold still on a sell signal. Energy still on a sell signal. Russell small cap index on a sell signal as of today. Sell signal on natural gas negated, but the buy signal is not flat due to the sideways movement after the gap up.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next