Thursday, October 29, 2009

Ok...one chart...


Pay attention to the BPSPX...the graph at the top. When the BPSPX is over 70 it is considered overbought a 6 point drop is considered a sell signal...we have dropped more than that from the recent peak.

2 comments:

Derrick said...

SPY,

Man, you have been on a roll.... GL and thanks.

Pokerden said...

Thanks...I think the week confirmed P3 has started.