Yes I took that banner down because I thought it was obvious.
We've seen plenty of trend days like this, they all act the
same, the market holds up all day generally into the close and the
60 period stochastics on a 5 min SPX chart stays above 80% all day
so don't fight it and try to short intra day, however we know that
when that happens it always falls below 80% the next day
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Yes I took that banner
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Posted by matt on 5th of Oct 2010 at 01:36 pm
Yes I took that banner down because I thought it was obvious. We've seen plenty of trend days like this, they all act the same, the market holds up all day generally into the close and the 60 period stochastics on a 5 min SPX chart stays above 80% all day so don't fight it and try to short intra day, however we know that when that happens it always falls below 80% the next day