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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 (51046)	5/31/2013 12:15:11 PM
From: GROUND ZERO™	Respond to of 219175

Okay, I should have been more specific... rejected so far today, but it's not truly rejected for the day until the close itself... there's no recalculating mid day, just that so far today, the sell signal has been rejected... this market could still go down and confirm the signal... just that, at the moment, it doesn't seem so... The fact that the signal was triggered and then the market rallied away from that signal is what I mean by a rejected signal so far for the day, but it can still be confirmed if this market goes down... a soft or temporary rejection, not a firm rejection... only on the close itself would we know if the rejection was confirmed or not... GZ