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


To: FullVelocity who wrote (109186)8/2/2018 1:20:42 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Mevis

  Respond to of 220925
 
I'm watching the $SOX... if we get a 7 day buy confirmation, then I would think the selling is over... but I'm still going to hold my hedges and then just favor the long side until the long side gets stopped out because the ratio is still bearish, so we'll see how it finishes... another rally to new daily highs will tell me that tomorrow may also be bullish and also into next week...

So, the $SOX and the weekly ratio are key to me for today...

Right now it looks positive...

GZ



To: FullVelocity who wrote (109186)8/2/2018 1:59:32 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220925
 
If you notice, the market ran through two VP points...

GZ



To: FullVelocity who wrote (109186)8/2/2018 2:09:41 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Mevis

  Respond to of 220925
 
A possible 5 week weekly buy wiggle in the NQ, this would supersede and RUT sell wiggles... we need a close this week above 7387.74 to confirm it, and we have all day tomorrow, the typical GRUF...

GZ