Thursday 29 November 2012
29 Nov 2012
We had a nice pull-back on the SPX this morning from the highs, but that did not last as markets rallied. We are approaching the end of the month tomorrow and it is very important for the monthly charts to close below 1410 to keep the trend alive to the downside. This does not have to happen but it is better for the monthly bar to continue last months red bar. We are overbought on a daily and 60min period and would need to turn down to manipulate our weekly Stoch. back down to the bearish position.
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are you on msn messenger, or is chat something different . I signed up and tried to search your information, but no avail. so I must be doing something wrong. my email address is edemeraAcomcastdotnet which is also the user name on msn.
ReplyDeleteok I just added you. MSN is a separate program you can download the software here. http://windows.microsoft.com/en-US/messenger/download
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