3 replies to this topic

[mss]

Most of my indicators have reached the level where they would signal a reversal. Some are and some are not. To further cloud the issue, they got there in a stright line, almost, and this is not normal. There are a few that suggest we will get a bounce tomorrow of as much as 6+ points on the SPX. The DOW indicators that are the most reliable suggest we get a good rally, as two have signaled a turn. Notice I did not say I have gotten a BUY or NETURAL signal. I am taking any bounces as a chance to let weak sisters go.

[bobalou]

I'm following the Qs .that I shorted.we got to the 50 ma.yes fast.. suply at 37 +,and broke the 200.w/ end of 1/4 the bulls have a fight.

[samsung]

Hey mss,
Same problem on my end also. My "fast" little squiggley line as some have called it also gave a buy signal at yesterday's close on the Dow & SPX ? I'll show the chart of the Dow and notice the boxed areas where I got the buy signal in the past as yesterday and the MACD was also moving down across the centerline. The difference this time is the Dow is sitting on trendline support and could get that nice bounce from here. Just have too wait and see what happens.

[bobalou]

GOOD CALL.........