The market will close positive and with positive breadth today.
Buy this reaction to Fed... Bears have nothing.
NYMO divergence and price
Started by
arbman
, Mar 15 2011 01:23 PM
20 replies to this topic
#2
redfoliage2
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Posted 15 March 2011 - 01:29 PM
Shh...... It needs to be confirmed.The market will close positive and with positive breadth today.
Buy this reaction to Fed... Bears have nothing.
Edited by redfoliage2, 15 March 2011 - 01:33 PM.
#3
tommyt
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Posted 15 March 2011 - 01:38 PM
The market will close positive and with positive breadth today.
Buy this reaction to Fed... Bears have nothing.
I would love to see that divergence yesterday...McO closed -148 yesterday, -244 currently. How can you have a divergence without a turn up? you can't.
#4
redfoliage2
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Posted 15 March 2011 - 01:39 PM
Folks: the day is still early and often McO changes dramatically in the last hour.................The market will close positive and with positive breadth today.
Buy this reaction to Fed... Bears have nothing.
I would love to see that divergence yesterday...McO closed -148 yesterday, -244 currently. How can you have a divergence without a turn up? you can't.
Edited by redfoliage2, 15 March 2011 - 01:42 PM.
#5
leverage4
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Posted 15 March 2011 - 01:49 PM
I just don't see much up potential beyond bounces until the high amount of uncertainty dissipates. The market really doesn't like uncertainty and I think we will have it for a while. 
Lev
Lev
The market will close positive and with positive breadth today.
Buy this reaction to Fed... Bears have nothing.
#6
orange
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Posted 15 March 2011 - 01:49 PM
Wow...
We are still headed higher, and I thought I was smart taking my 10 points on the long side this morning.
"When your position is underwater, average down" - Professional Trader
#7
tommyt
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Posted 15 March 2011 - 01:52 PM
Folks: the day is still early and often McO changes dramatically in the last hour.................The market will close positive and with positive breadth today.
Buy this reaction to Fed... Bears have nothing.
I would love to see that divergence yesterday...McO closed -148 yesterday, -244 currently. How can you have a divergence without a turn up? you can't.
the post was for the divergence yesterday.
#8
redfoliage2
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Posted 15 March 2011 - 01:58 PM
.Folks: the day is still early and often McO changes dramatically in the last hour.................The market will close positive and with positive breadth today.
Buy this reaction to Fed... Bears have nothing.
I would love to see that divergence yesterday...McO closed -148 yesterday, -244 currently. How can you have a divergence without a turn up? you can't.
the post was for the divergence yesterday.
NYMO still could close today positive, then you got the divergence confirmed even with a red close for SPX.......
Edited by redfoliage2, 15 March 2011 - 02:00 PM.
#9
tommyt
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Posted 15 March 2011 - 02:15 PM
.Folks: the day is still early and often McO changes dramatically in the last hour.................The market will close positive and with positive breadth today.
Buy this reaction to Fed... Bears have nothing.
I would love to see that divergence yesterday...McO closed -148 yesterday, -244 currently. How can you have a divergence without a turn up? you can't.
the post was for the divergence yesterday.
NYMO still could close today positive, then you got the divergence confirmed even with a red close for SPX.......
not today amigo.
#10
arbman
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Posted 15 March 2011 - 02:28 PM
NYMO will turn, but not close positive today, as long as SPX exceeds 1286 and RUT continues to outperform.
