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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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Winfastorlose
To: Winfastorlose who wrote (121524)3/11/2019 2:58:22 PM
From: GROUND ZERO™1 Recommendation  Read Replies (1) of 220523
 
Both the DOW Transports and the NYSE bounced nicely off the 45 DMA on Friday with a good upside follow through so far today... it looks as if the selling could be over, we'll know better tomorrow and through this week, but it does look credible right now...

Also, the NYSE weekly p/c ratio is still very much in the buy zone... everything still looks good to go higher after a week of selling the eased some of the overbought tension...

The best upside mover right now looks like the NQ...

GZ
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