60min SPX RATIO
Stoch. in overbought and crossed down. Expect a move lower when Stoch. breaks to downside for a few hours to a few days.
Monday, 12 November 2012
12 Nov 2012
Markets went sideways today setting up a potential triangular pattern for a continuation for a downside. Sentiments are still the same, with different pattern formed. We got this traingle vs. the ZigZag upwards that we were looking for. We could still rally tomorrow but would expect another leg lower to finish this short-term move down.
60min SPX RATIO
Stoch. in overbought and crossed down. Expect a move lower when Stoch. breaks to downside for a few hours to a few days.
60min SPX RATIO
Stoch. in overbought and crossed down. Expect a move lower when Stoch. breaks to downside for a few hours to a few days.
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