Option A:
Option B:
Monday, 19 November 2012
19 nov 2012
Markets rallied right to the 200ma and broke it to close above. Very bullish indeed. We should get a correction tomorrow though, as my Stoch. tells me we are overbought and we should relieve some pressure on the 60min Stoch. in the SPX before we continue our move up. There is a possibility also that we go sideways before we move south. There are two scenarios that I will be looking for as our indicators develop.
Option A:
Option B:
Option A:
Option B:
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