yep, but SPX had a nice little base on 5 min, and if you
listened to my letter last night, it was very oversold short term
as well with the RSI 2 closing at 0.97% on the daily chart, that's
rare - see the stats from last night.
and yes the market is very prone to sharp moves these days from
news out of Europe - it's best to keep some kind of news service up
- one service I like is Benzinga,
yep, but SPX had a
SPX 5 min follow up
Posted by matt on 27th of Sep 2012 at 12:15 pm
yep, but SPX had a nice little base on 5 min, and if you listened to my letter last night, it was very oversold short term as well with the RSI 2 closing at 0.97% on the daily chart, that's rare - see the stats from last night.
and yes the market is very prone to sharp moves these days from news out of Europe - it's best to keep some kind of news service up - one service I like is Benzinga,
http://breakpointtrades.com/blog/post/209161/
Cool, thanks.
Posted by frtaylor on 27th of Sep 2012 at 12:20 pm
Cool, thanks.