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


To: Mevis who wrote (81075)3/18/2016 2:21:26 PM
From: GROUND ZERO™  Respond to of 218580
 
Yes, a true sign of manipulation...

GZ



To: Mevis who wrote (81075)3/18/2016 10:20:09 PM
From: GROUND ZERO™4 Recommendations

Recommended By
Hawkmoon
Justinfo
Mevis
Trumptown

  Read Replies (2) | Respond to of 218580
 
The weekly bar for the VIX is now below the Keltner 5 channel... this has only occurred a few times in the past... each time, the market continued higher for not much more than 25 to 30 SP points over the subsequent 3 to 5 weeks before turning lower for a hefty 100 to 120 SP point decline before resuming a rally... this suggests that one could actually begin taking short positions here and with patience do very nicely... considering that the market is now within 10 SP points of a measured move from the February 11th low and within a day or so of measured time from that low, I would be amazed if this market didn't turn lower early next week and certainly for a good 120 points within a few weeks without moving much higher between now and when the down turn begins...

GZ