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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 670.97+0.1%Nov 7 4:00 PM EST

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To: Hawkmoon who wrote (69829)3/26/2015 2:17:44 PM
From: FCom777  Read Replies (1) of 218627
 
Agree fully ...

IF a short term trading bottom were to form - this would be a good place for it to form.

But I doubt highly that this is what will transpire. We may get an anemic up day - maybe two - but equities look like they have a way to fall ... although equities just turned green - bonds have been down hard all day - the large down moves always seem to occur when both bonds and equities are moving down. Up until the recent green flash - that's what we've seen.

No, I think it will take several days at least for a good solid trade-able bottom to form.

Think I'll watch this move higher from the sidelines ...
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