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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.86-0.7%4:00 PM EST

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Mevis
To: FullVelocity who wrote (109186)8/2/2018 1:20:42 PM
From: GROUND ZERO™1 Recommendation   of 220927
 
I'm watching the $SOX... if we get a 7 day buy confirmation, then I would think the selling is over... but I'm still going to hold my hedges and then just favor the long side until the long side gets stopped out because the ratio is still bearish, so we'll see how it finishes... another rally to new daily highs will tell me that tomorrow may also be bullish and also into next week...

So, the $SOX and the weekly ratio are key to me for today...

Right now it looks positive...

GZ
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