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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 (111040)9/7/2018 5:01:44 PM
From: GROUND ZERO™4 Recommendations

Recommended By
Machaon
Mevis
Ms. Baby Boomer
POKERSAM

  Respond to of 222049
 
Interesting article, thank you, but I don't see the after hours market moving at all, in fact they're moving lower...

The trade talks are now old news and I think these markets are looking at the fundamentals...

Also, these markets are now overbought and will likely unwind now that it's obvious that China is dragging its feet until after the midterms...

All indicators are pointing lower and the daily and weekly charts are toppy...

Also, the weekly put/call ratio is deeper in the sell zone than it has in the past 5 weeks...

I closed out almost all my long positions and am now very short the DIA and SOXX, been short the DIA most of this week and added this afternoon...

GZ