it is currently below the lower BB...if it closes there and then
closes back within the next day or two, that generally will be a
sell signal...lots setting up here and screaming BE CAREFUL!!
and the sell could be a sharp 1 day deal too just be
careful....I am looking to book some profits early going into
weekend...especially as i may be traveling Monday/Tuesday and
AFK!!
I think lots of people will be booking profits going into the
weekend. Not sure what kind of pullback we get but hope it's decent
enough to redeploy more longs.
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sure and look at daily VIX
major negative divergence setting up
Posted by perthx on 2nd of Dec 2011 at 10:28 am
it is currently below the lower BB...if it closes there and then closes back within the next day or two, that generally will be a sell signal...lots setting up here and screaming BE CAREFUL!!
Daily SPX 200dma at 1265
need it to close first
Posted by jdaswani on 2nd of Dec 2011 at 10:28 am
need it to close first below...
sure, VIX has to close down there
Posted by perthx on 2nd of Dec 2011 at 10:31 am
and the sell could be a sharp 1 day deal too just be careful....I am looking to book some profits early going into weekend...especially as i may be traveling Monday/Tuesday and AFK!!
I think lots of people
Posted by tomW1 on 2nd of Dec 2011 at 10:35 am
I think lots of people will be booking profits going into the weekend. Not sure what kind of pullback we get but hope it's decent enough to redeploy more longs.