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

To: the longhorn who wrote (137841)	2/7/2020 9:07:13 PM
From: GROUND ZERO™	Respond to of 223488

That indicator moved into the sell zone on Friday the 17th, three weeks ago... Look at what these markets did over the past three weeks... The market took a couple of days to begin moving lower and then it rallied back to the highs, some only rallied some of the way back up to fill a gap that was made when the market initially dropped the way the SOXL did, and today it appears it resumed it's decline... I could be all wrong about this, but we'll know better early next week... Either way, right now I think this indicator has to be respected since it's so rarely wrong... GZ