Is these enough reasons to turn stocks around? I don’t think so. The trend is so strong now that picking a turn is more guesswork than analysis. I don’t want to play that game.
click chart to enlarge
A Divergence
February 24th, 2009 at 11:58am · 1 Comment
The 135 minute chart is showing a divergence with the Tick Cycle-Trap on the bar that closed a few minutes ago. The modified DMX is set up to diverge as well, but the indicator needs to turn up to effect that divergence.
Tags: General Market Commentary · S&P 500
1 response so far ↓
1 deacon31 // Feb 24, 2009 at 12:26 pm
gold and silver options expiration today, isn’t this just typical!
http://www.optionsxpress.com/quotes/exp_cal_ssf.aspx
i think i should try silver at 13.34 the fib of 8.34 and 21.44
silver etf SLV had another huge inflow yesterday..
930-940 support zone on gold, hope they can get down there
low capital needed to play best moving goldie of the year, UXG whose owner ran goldcorp from 2- to 40
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