Tagged "NYMODivergence"

02/27/2012 Market Outlook (SPX new high...

Three cents:

  1. SPX cloud close in red tomorrow.
  2. Maintain the call that a top is close. This is not an intermediate-term short signal however.
  3. [Read the Rest]

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02/15/2012 Market Outlook (Bearish Reve...

SHORT-TERM: COULD SEE MORE PULLBACKS

Gap up, new high but closed in red, so it’s a typical Bearish Reversal Day. From the chart below we can see chances are high we’d see more pullbacks ahead (not necessarily tomorrow though). [Read the Rest]

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