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

To: GoodGord who wrote (79078)2/1/2016 11:31:45 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220875
 
It could push higher, but it does look like a struggle...

GZ



To: GoodGord who wrote (79078)2/1/2016 11:33:36 AM
From: yard_man  Respond to of 220875
 
yes -- don't know if bounce is over there -- but it could be -- interesting thing is: if oil resumes it's longer term downtrend and the stock indices go up -- that would be a break of a short term correlation that was in force for a good part of January. For the morning, in that regard -- I'm doubly wrong. <g>

Unless we break lower -- I still think crude can make 37 ... if crude tanks, I guess I dipped one too many times.


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