Effective Collaboration - Team Research for Better Returns: 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 : Effective Collaboration - Team Research for Better Returns:

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: The Ox

11/10/2014 11:25:09 AM

Read Replies (1) of 8256

SPY vertical move has been impressive. No profit taking moves for more than a day. While the path of least resistance is higher, one has to wonder when there will simply be a short term breather taken?

RSI on the daily near the same point when the last run up took a deep breath before making a new high. Starting to expect something similar but no reason to anticipate all that much when the market is this strong!! Other than protecting a large profit, I'd suggest waiting until there's an obvious turn to be anything but neutral to bullish here. The strength shown can't be simply short covering, IMO.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next