Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Fintas who wrote (44553)	1/24/2013 6:48:18 PM
From: Vendit™	Read Replies (1) \| Respond to of 221000

On a serious note I just looked at AAPL and it looks like a continuation of the down trend is likely. The middle fork tine “may” serve as a support bounce area but not a bottom IMO. All lower indicators are in full sell mode on huge volume.

To: Fintas who wrote (44553)	1/24/2013 7:26:50 PM
From: Vendit™	Read Replies (1) \| Respond to of 221000

This $SPX chart is now showing weakness with some beginning sell signals but not truly confirmed. The daily candle formed a spinning top which means that buyers and sellers are undecided on the market direction moving forward. This is a neutral indication. The daily trading range is still pushing the upper Bollinger Band which shows as of today the trend has not reversed. Lower indicator 3 shows a confirmed sell signal but needs to be confirmed by lower indicator 1 which also shows a sell signal in the making. Lower indicator 2 shows a deflating momentum so surely we are about to see some sort of correction in the $SPX. IMHO V