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


To: Hawkmoon who wrote (69829)3/26/2015 2:17:44 PM
From: FCom777  Read Replies (1) | Respond to of 218584
 
Agree fully ...

IF a short term trading bottom were to form - this would be a good place for it to form.

But I doubt highly that this is what will transpire. We may get an anemic up day - maybe two - but equities look like they have a way to fall ... although equities just turned green - bonds have been down hard all day - the large down moves always seem to occur when both bonds and equities are moving down. Up until the recent green flash - that's what we've seen.

No, I think it will take several days at least for a good solid trade-able bottom to form.

Think I'll watch this move higher from the sidelines ...



To: Hawkmoon who wrote (69829)3/26/2015 3:26:13 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Hawkmoon

  Respond to of 218584
 
Yes, maybe just for today... I reinstated my short Euro position today...

GZ



To: Hawkmoon who wrote (69829)3/26/2015 4:44:03 PM
From: Ms. Baby Boomer2 Recommendations

Recommended By
Fintas
Hawkmoon

  Read Replies (1) | Respond to of 218584
 
IMO... This is just the beginning of 10-20% correction...

20% = bottom of the Bollinger Band....

bigcharts.marketwatch.com



To: Hawkmoon who wrote (69829)3/27/2015 5:47:14 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218584
 
Futures are lower again this morning, so we could still go lower... that level in question may not hold...

GZ