Just to clarify..the Sea Horse Pattern did play out with
marginal new highs on the SPX yesterday despite severely overbought
readings on Friday. The highs made on the intraday charts
were divergent on the 60 minute charts and lower.
Further, the equity markets have been reacting to movements in
the bond market which began to weaken further yesterday afternoon.
This market remains extremely volatile and one must adjust
accordingly or remain on sidelines. This is NOT 2013-14
I discussed the pattern last night Steve how it made a marginal
high for that Sea Hourse pattern etc, bonds etc, and you did
yesterday, don't waste too much energy here as it's been discussed
by you and I
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Sea horse pattern in need of viagra
$SPX - Chart Link $SPX - Chart Link $SPX - Chart Link $SPX ...
Posted by crazybobo1 on 11th of May 2015 at 07:05 pm
spx pattern definitely acted limp into the close
Just to clarify..the Sea Horse
Posted by steve on 12th of May 2015 at 08:45 am
Just to clarify..the Sea Horse Pattern did play out with marginal new highs on the SPX yesterday despite severely overbought readings on Friday. The highs made on the intraday charts were divergent on the 60 minute charts and lower.
Further, the equity markets have been reacting to movements in the bond market which began to weaken further yesterday afternoon. This market remains extremely volatile and one must adjust accordingly or remain on sidelines. This is NOT 2013-14
I discussed the pattern last
Posted by matt on 12th of May 2015 at 08:46 am
I discussed the pattern last night Steve how it made a marginal high for that Sea Hourse pattern etc, bonds etc, and you did yesterday, don't waste too much energy here as it's been discussed by you and I