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


To: TraderMann who wrote (13655)2/7/2011 6:20:30 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 223295
 
Don't confuse vertical prices with support and resistance prices, they are two very different things... a vertical price is where the market has reach a degree of exhaustion, a pause or a temporary market turn is typical in most cases...

GZ



To: TraderMann who wrote (13655)2/7/2011 6:29:17 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 223295
 
If we do sell off tomorrow, then 1295.30 should stop it... a close below 1295.30 tomorrow would give me a confirmed sell signal... I'm not expecting it, but just in case, I thought I would mention it now...

GZ