Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 692.06

-0.3%

4:00 PM EST

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To: Johnny Canuck who wrote (49095)	1/23/2013 4:32:34 AM
From: Johnny Canuck	1 Recommendation Read Replies (1) of 70664

The market direction looks tired and ready to finally take a rest. It might not be tomorrow but if not Wednesday, then certainly Thursday. My bet is for Wednesday. Here is the link fullyinformed.com A second article looks at what the Ultimate Oscillator is telling us about the present market. The overbought readings from this market are rare. In this article I look at the past 6 years and the only 3 times that the readings were this high to see what we might expect and how to handle what might be coming for the market direction. fullyinformed.com

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