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


To: Joseph Silent who wrote (36361)8/13/2012 3:39:39 PM
From: GROUND ZERO™  Respond to of 218769
 
Yes, true, but if divergence like this remains intact on the close, then it generally tells us the direction of the market for the next day, at least most of the time...

GZ



To: Joseph Silent who wrote (36361)8/14/2012 6:04:22 AM
From: GROUND ZERO™  Respond to of 218769
 
Time is running out for this rally... we would need to see the SP close above 1477.40 on August 22nd, that's a week from tomorrow, or this market is very likely going to take a tumble... of course we could get up there in a week considering the kind of FED manipulation that goes on, but this is definitely something to watch out for... and if they're reading this thread, then they better goose the goose now...

GZ