Steve or Matt, does the

    Posted by Peridot on 9th of Sep 2010 at 03:44 pm

    Steve or Matt, does the slight touch below the 80 on the 144 Stochastic on the 15 minute chart count as a break of it or not?

    Peridot - I ignored it

    Posted by steve on 9th of Sep 2010 at 03:50 pm

    Peridot - I ignored it as it as I have yet to see any impulsive selling and besides it's back above currently. Clearly, the market is losing upside momentum but has refused to rollover as yet.  

    I can say that I'm much more interested in the short side looking than longs on the market until this at least unwinds.

    Thank you.  You are always

    Posted by Peridot on 9th of Sep 2010 at 03:53 pm

    Thank you.  You are always "educating".  Appreciate you.  p.

    excellent posts today steve, especially

    Posted by cwa82675 on 9th of Sep 2010 at 03:52 pm

    excellent posts today steve, especially the wedge chart!

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!