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


To: Peace who wrote (109768)8/15/2018 11:25:59 AM
From: GROUND ZERO™1 Recommendation

Recommended By
Machaon

  Read Replies (1) | Respond to of 218820
 
Good move, and thanks for the update!!! I got a buy signal for VXX immediately this morning... and I fully agree, this morning's failure of what really was a bullish chart pattern is not good news for these markets...

This kind of pattern failure is typically more than a one day event... and today is already Wednesday, the ratio is now deeper into the sell zone, again... for it to turn into a buy by Friday afternoon would take some major doing, it seems the odds are now moving against its likelihood...

I'm heavily short the QQQ and the SOXX... also heavily short crude and long AAPL...

GZ