8/21 EMA/50MA crossed, with Negative Divergence on the 5 min chart, however. stochastics 60,3 crossed an hour ago

Thanks, 

I will be more specific next time

does the stochastic 60, 3 concern you, now that its overbought on the 5 min chart?

Matt, 

Ok, so with SRS, I used it, and it broke the downtrend line and the ema/ma cross and the confirming bar looks like a doji, and it has positive divergence.

You all said that it depends how far apart the ema and MA are. if they are too far, or too close, what does it mean? 

Matt, 

Are the statistics for using the 8/21 EMA and 50MA to go long or short a stock the same for all ETFs?

Matt, 

If SRS does breakout, perhaps the mechanical system get triggered, however. 

If one where to take a long position on SRS, what would be your price target?

20.40 to fill the gap?

STeve or Matt, 

Can you give us your perspective on the VIX putting in a Hammer and the Market being positive for the day. 

Does this happen on Option Experation day?

bang bang bang bang!! shoot blanks! I forgot to load it with with real bullets! Perhaps tomorrow!

Did take SKF but with a BB gun. 

going to use a BB gun and not the shootgun, just in case, I do shoot myself in the foot.

Here we go! triggers ready! Just hope i don't shoot my self in the leg

buying a few shares above 19.25-19.30 if the Green Bar closes above it

SRS with tight stops in deed. But waiting for it to clear the downtrend line  

Wait is the market starting to pullback??

took SRS at 18.60

It took 30 days for the xlf to fall only 12.40 to 10.80 and now it took 5 days for it to come back to those levels!! 

The shorts must be mad! 

thanks Steve! I now understand it

Steve, 

What does that information mean? Where can I read and understand what you're talking about?

Steve,

Last time you mention If the VIX and the Market both ended down for the day, that a bounce was immenent, right.

Could the same happen now the both of them are up? therefore a pullback is in order? 

VIX and Market still positive! be ready for pullback? Greed and Fear together at last! 

a pullback to the 900s? since that was resistance earlier, but now support?

In other words, we are no longer bearish in the short term because of the price action today? We could eventually move higher to the spx 1000?