Need another up day before RSI2 sell signal triggers
#1
Posted 08 March 2007 - 04:49 PM
#2
Posted 08 March 2007 - 05:28 PM
I would appreciate you telling me. Preferably before the NFP.Another gap up tomorrow would be a triple gap play. It would trigger a sell signal.
FF sentiment is at a point where past huge bounces have occured. We're seeing some of that now. Sentiment is getting more bearish as prices increase amongst trader nation.
Will know more how futures traders are positioned after tomorrow. Someone's going to go through 3 days of pain. Who will it be? Bulls or bears?
#3
Posted 08 March 2007 - 05:48 PM
gap ups are priced in, i'm looking for a gap down.Another gap up tomorrow would be a triple gap play. It would trigger a sell signal.
FF sentiment is at a point where past huge bounces have occured. We're seeing some of that now. Sentiment is getting more bearish as prices increase amongst trader nation.
Will know more how futures traders are positioned after tomorrow. Someone's going to go through 3 days of pain. Who will it be? Bulls or bears?
#4
Posted 08 March 2007 - 05:52 PM
Will know more how futures traders are positioned after tomorrow. Someone's going to go through 3 days of pain. Who will it be? Bulls or bears?
Hi 'dcenqr',
Think you are correct on the 3 days of pain.
I have Weekly Pivot @ 1408.33, Monthly @ 1421.66, Weekly Rest. @1435.79, Monthly @1446.68.
The first support is @ 1381.76, then 1359.71.
My point, we have broken first level of support but not first level of resistance. We are dancing around the Pivot point.
mss
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#5
Posted 08 March 2007 - 05:59 PM
#6
Posted 08 March 2007 - 08:14 PM