1 reply to this topic

[viccarter]

lets hope we can hold for a few days South. Note: on my RUT 45 min charts, CUM Russel Tick algo, ($TIKRL in Tradestation root symbol), has not even moved down yet. (a good sign if bearish) means that real selling has not even hit, but price has already moved fairly hard down. Just what you wanna see if short. I don't have to tell you how much space we got underneath in RUT McOscillator, over RUT ISSUES OVER 50dma, over 200dma, some divergence for a while, weekly RSI-5 divergence on RUT, Monthly above +2 sigma.... WHATEVER, I ain't even sayin' nothing.

[viccarter]

SNAPSHOT FROM ABOUT 11:30 CST. RUT 45 timer. Internals getting oversold, but no hard TICK selling. Internals can stay oversold for a while or even move up while price goes down on initiation sell.