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


To: SGJ who wrote (39460)10/26/2012 9:49:57 AM
From: GROUND ZERO™  Respond to of 219434
 
I think today's rally should have some legs... it could only be a bear bounce or it could develop into something better, I'm thinking the latter, that would be nice... considering we did bounce smartly off the major VP and with the NT confirmed buy signal as of yesterday's close in oversold territory, I think this could be a more significant rally...

GZ



To: SGJ who wrote (39460)10/26/2012 9:53:11 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219434
 
We also have bullish divergence between the SP cash and futures... everything is pointing higher right now...

GZ