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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (13384)11/21/2012 9:55:59 AM
From: pcyhuang  Respond to of 33421
 
John, you wrote: "We are slipping off the cliff.... "

Based on Stockcharts.com's today's technical alerts, the above scenario is unlikely to happen. I believe.

Today's Technical Alerts:

Energy SPDR (XLE) has a Bullish MACD crossover

21 Nov 2012, 9:31 AM ET

Euro has a Bullish MACD crossover

21 Nov 2012, 9:31 AM ET

Materials SPDR (XLB) has a Bullish MACD crossover

21 Nov 2012, 9:31 AM ET

S&P 500 has a Bullish MACD crossover

21 Nov 2012, 9:31 AM ET

Energy SPDR (XLE) has a Bullish MACD crossover

21 Nov 2012, 9:31 AM ET

Euro has a Bullish MACD crossover

21 Nov 2012, 9:31 AM ET

Materials SPDR (XLB) has a Bullish MACD crossover

21 Nov 2012, 9:31 AM ET

S&P 500 has a Bullish MACD crossover

21 Nov 2012, 9:31 AM ET

Source: stockcharts.com