complete rollover.. Otherwise I wouldn't play
counter trend (for the day) on the low end of the range.
Breath is still negative..but has improved from this morning
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Matt or anybody: 15 minute SPX chart stochastics
Posted by sankaty on 25th of Oct 2011 at 12:27 pm
We saw the 60, 89 and 144 stochastics crossing below the 80 mark all at once a few hours ago. Did that count as a sell signal for anybody?
sankaty - yes they fell
Posted by matt on 25th of Oct 2011 at 12:49 pm
sankaty - yes they fell below 80% and broke a steep trendline, you want to see the 89 and 144 stochastics to stay below 80%.
Yes... but watch the EURO.. it broke 1.39 which is bullish
Posted by zach06 on 25th of Oct 2011 at 12:31 pm
1242 /es and if it breaks 1244 ..shorts will cover
Thanks Zach, a nice specific answer
Posted by sankaty on 25th of Oct 2011 at 12:58 pm
Bulish in the sense.. that this looks more like a "breather" to me than a
Posted by zach06 on 25th of Oct 2011 at 01:01 pm
complete rollover.. Otherwise I wouldn't play counter trend (for the day) on the low end of the range. Breath is still negative..but has improved from this morning