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

To: Seismo who wrote (42392)	12/22/2012 8:11:27 AM
From: Fintas	Read Replies (1) \| Respond to of 222096

Just remember too expect a retest. Where and when is the unknown yet I'll be expecting it and then will not be surprised when it happens. Fintas

To: Seismo who wrote (42392)	12/22/2012 2:52:16 PM
From: GROUND ZERO™	Respond to of 222096

I could be wrong, it could just as easily be a legitimate sell signal, and maybe it is... but this is the second time in two weeks where the mini didn't confirm on heavier volume and the big one did on lesser volume, and the big one was wrong... also, presuming the sell was confirmed, the downside VP has already been reached in the overnight session, so it could well have been a rejected sell signal... I'm only human and I could be wrong... maybe it is a confirmed sell signal... we'll soon find out... I suppose technically, to be very strict about it, it should be a confirmed sell signal... so, we'll see what happens on Monday... GZ