Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 683.41

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Nov 3 4:00 PM EST

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To: GROUND ZERO™ who wrote (43272)	1/7/2013 12:49:13 PM
From: Keith Feral	Read Replies (1) of 218316

On a monthly basis, dollar is moving to a buy signal and the DOW is moving towards a sell signal below 13,413 from the September close. For now, that looks like pretty good resistance so it's better to use up profits than try to brave it through a quick and dirty pullback. FXY looks like it could rally higher for awhile off very oversold levels. See what happens from here, but the market rarely does anything positive with the VIX near 14.

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