Just an Observation, $S&P , IWM , DOW ,
$FTSE, $DAX All at NOV 1st low for 3rd time
on 60 mnt charts, MACD showing Positive divergence , Thank
giving week next week, RSI 5 on $NAMO , (not $NYMO )
showing positive divergence, although QQQ are below Nove 1st
low,
But $Nasi, $Nysi, $BPCOMPQ, $BPENER, $BPNDX,$BPNYA,
$BPSPX,$BPFINA, $BPMATE, $NYAD ALL crossing down!!!!
On Nov. 1st , Italian, Spanish ,French bonds were never this
high ,but Euro is way below Nov low , $VIX below Nov.
High and Neg div, On Macd 60 mnt charts.
News Can not be more Negative, Everyone one is ready for a crash
and recession ,
Do not have a crystal ball ( I wish I did) Just pointing things
out.
Are we going to have a last Pump up to the up side to get
everyone in to the end of the year ??
God bless Wall street!!!!!
Mo, Tallinn, Eatonia
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$S&P , IWM , DOW , $FTSE, $DAX All at NOV 1st low for 3rd time
Posted by moh007ed on 18th of Nov 2011 at 04:59 am
Just an Observation, $S&P , IWM , DOW , $FTSE, $DAX All at NOV 1st low for 3rd time on 60 mnt charts, MACD showing Positive divergence , Thank giving week next week, RSI 5 on $NAMO , (not $NYMO ) showing positive divergence, although QQQ are below Nove 1st low,
But $Nasi, $Nysi, $BPCOMPQ, $BPENER, $BPNDX,$BPNYA, $BPSPX,$BPFINA, $BPMATE, $NYAD ALL crossing down!!!!
On Nov. 1st , Italian, Spanish ,French bonds were never this high ,but Euro is way below Nov low , $VIX below Nov. High and Neg div, On Macd 60 mnt charts.
News Can not be more Negative, Everyone one is ready for a crash and recession ,
Do not have a crystal ball ( I wish I did) Just pointing things out.
Are we going to have a last Pump up to the up side to get everyone in to the end of the year ??
God bless Wall street!!!!!
Mo, Tallinn, Eatonia