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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: GROUND ZERO™ who wrote (40168)11/9/2012 1:55:57 PM
From: Chip McVickar  Read Replies (1) of 218583
 
Part of what bothers me about being long at this time...

RSI has not bottomed on the daily cash snp charts - [would think a lotta traduing programs use it]

coming off high of 1474.51 a natural 1.618 fib is marked at 1359.08 - [and bottom out RSI]

also if my memory is correct there's a gap down around about there in the big contract as well.
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