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


To: techtrader73 who wrote (92997)5/25/2017 1:51:12 PM
From: GROUND ZERO™  Respond to of 219619
 
I agree with you on the RUT... I'm long every market index except the RUT... I have no buy or sell signal for that one, it's just flat and floating aimlessly in no man's land... eventually, it will break higher or lower... either way, I have limit stop orders in place to take advantage of that eventual break... it needs to break above the 4/26 high or the 5/18... so, my traps are set and I'm waiting, which ever way it goes so goes the trade position... meanwhile, I'm in no hurry, it will eventually move one way or the other...

GZ



To: techtrader73 who wrote (92997)5/25/2017 2:04:19 PM
From: Seismo  Respond to of 219619
 
I agree. This run up is still about 5 stocks. The SPXEW:SPX was positive this morning but when the SPX started taking off, the ratio turned negative, i.e., a large cap rally once again.