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


To: penthouse mike who wrote (44739)1/28/2013 9:53:01 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 221986
 
The NT is over bought and turning slightly downward right now, but no clear sell signal... for a reliable and more lasting sell signal, I'm going to wait for the main model sell signal, I fully expect it will eventually appear... this rally must close above 1476.50 on Wednesday, February 6th... if so, then the rally will continue, otherwise we're looking at a confirmed sell signal on that date... that's 8 market days from now, it needs to decline 20 points in that time... it so, then we'll get that confirmed sell signal...

GZ