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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (11868)10/28/2010 10:41:06 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220566
 
The earlier rally this morning didn't hold, the market now looks tired, so we could still get a sell signal soon enough... either way, this market is still destined for higher levels sooner or later, and probably sooner than later... in fact, a close today below 1180.60 would be a four day sell wiggle...

GZ



To: Chip McVickar who wrote (11868)10/28/2010 10:43:45 AM
From: Chip McVickar  Respond to of 220566
 
TPs
10:50
12:30
02:00 - 60 min chart
daily for 28th

Game on... gap closed and a 61.8 retrace off morning high

resting on the forward median line

I still see a lower close and a confirmed down trend

60 min charts are neutral (coiled) to bearish