victor; RE:" duration... "
I've given up trying to work with duration, Victor {grin} Some days, the extent is so large that I have to tear apart the session into intra-day candles (to try) to see what's goin' on; other days, I got to aggregate the candles like I'm tryin' to form a weekly 'stick out of three days or something.
quote.com <--- refer to OEX,W
If today was Friday, and this was the weekly chart - I would be encouraged to go long on Monday -- this is where I thought we would end the week, victor. But it's not the end (^_^) and unless everyone bailed today, you'd think most folks would be loathe to hold positions over the week-end.
...trading shorts covered - I'm flat - filed away 60s each CMB/STT AIG/GRN MWD/MER into my long-term core portfolio; else just another bourse voyeur - standing around with my hands in my pockets, jingling the loose change.
FWIW, on the above chart generator (set to chart...candle) after you look at the weekly candle so far, take a look at OEX,216 and OEX,78 to see the waves that Donald's been nailing.
(EDIT)
...then look at the sectors DRG.X,216 RLX.X,216 MSH.X,216 and BKX.X,216 INX.X,216
-Steve |