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

To: GROUND ZERO™ who wrote (44362)	1/22/2013 7:18:49 PM
From: Vendit™	Read Replies (1) \| Respond to of 218998

Put a lower line on that, extend it and I see a wedgie in your future. Nice technical call BTW.

To: GROUND ZERO™ who wrote (44362)	1/22/2013 7:49:33 PM
From: ggersh	1 Recommendation Read Replies (1) \| Respond to of 218998

And the choir sung

To: GROUND ZERO™ who wrote (44362)	1/22/2013 8:00:52 PM
From: Vendit™	3 Recommendations Read Replies (3) \| Respond to of 218998

This is what I see technically on the chart below. 1- Another bullish daily candle formed and it is above and riding the center tine UP. 2- The Bollinger Bands are now expanding wider which indicate a continuation of the current trend. 3- Above average daily volume that is positive but moving lower so this is a neutral indication. 4- Lower indicator one (stochastic) is still strong but in its sell range, no sell signal. 5- Lower indicator two (MACD) shows an increase is momentum to move up. 6- Lower indicator three (Williams %R} is also in the sell zone but is riding high with no reversal signal. This means that the $SPX will open higher tomorrow. The trend is your friend. MHO V