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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 684.83+0.6%Dec 22 4:00 PM EST

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To: Venditâ„¢ who wrote (45064)1/31/2013 5:25:13 PM
From: robert b furman  Read Replies (1) of 220560
 
Hi Vendit:

some retrace charts:

screencast.com

screencast.com

Bob

1354 = 38.2 retrace from October 2011 move up longer term retrace.

1441 61.8 % retrace from 12/31 low and 50 sma = 1443 on shorter term.

If tomorrow is down my Macd will crossover to negative

Fast and slow Stoch already have

Longer lags ADX has -DI and + DI converging and CCI has been drifting down for 5 or 6 days already - This run has been good but is getting tired.
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