1 reply to this topic

[Mr Dev]

im sure a few traders that follow this slightly lagging NAMO chart (by 2 of the worst sell-off days for the NAS since April) will agree that its on a sell signal

which just so happens to come after a dbl top earlier this year...which has now diverged during the July all time highs.


so here is one more reason for a strong pullback / crash warning just days after new highs...for those slayers that actually see and know whats going on under the surface !

Trade Safe My Slayers

Edited by Mr Dev, 09 July 2014 - 12:40 PM.

[Mr Dev]

technically off topic ..i had a conversation yesterday with Joe Public himself ...who like many stubborn bullish traders is convinced that the markets have had a great year (not ALL) and are heading to move higher. .... (not ALL & not soon. ) so whatever the sentiment readings are showing... Joe himself has been totally brainwashed (again) by CNBC and other NEWs headlines of late... which is likely a good sell tell.

Edited by Mr Dev, 09 July 2014 - 12:58 PM.