Tuesday, November 16, 2010

6 Wild trading sessions

How I today who came (DJI, S and P 500 and NASDAQ 100 mentioned) suspended and easily undone as indexes to close to peaking on 18 October 2010 see advance on the indexes.

A few things to consider:

-It is already sixth trading session in a line like S & P-500 and DJI indexes wild swings on high volume at the current level of resistance;

was accompanied by high volume-heutigen ahead and it can be assumed that negative money flow accumulated yesterday through today's positive money flow accumulation;was offset has

-Increase volatility - prefer bearish trading;

-gestrigen extremely low advance/decline readings on NYSE and S - P-500 are still affect it trend and push indexes later;

-QQQQ, SPY and other ETFs advanced slightly after the market closed.

So far 5 min to 15 min charts technical indicators are bearish. 30 min easily and hourly chart have mixed signals, and I think we'd see neutral.Ich declined morning after the market (as proposed by smaller timeframe chart opens) would I keep an eye on 30 min charts for bearish signals.


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