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To: The Ox who wrote (2750)10/23/2013 4:32:52 PM
From: The Ox  Respond to of 8288
 
....or maybe that 5 million share trade that just went buy in the VXX had something to do with it....<g>



To: The Ox who wrote (2750)10/29/2013 12:59:56 PM
From: The Ox  Read Replies (1) | Respond to of 8288
 
Just a note....SPY just hit 177.00, actually 177.03 was the high thus far.

This was an area where I have a number of different top ends of trend channels converging. Would be a very likely place to pause and/or reverse back down.

Now this market has been mighty strong, so these channels are often taken out to the upside.....but just a heads up that this is one place to watch for a potential downward reversal.


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