Wednesday, September 8, 2010

09/08/10 Update

Daily Stochs are still oversold and todays candle was unable to make a new high. has had a fairly high success rate in the is also flashing sell.
I did think today was a possible move up because of the excessive put buying yesterday (I mentioned it in the comments). These indicators are for intermediate term trading and not day trading. The VIX held support (the dotted blue line).
Nothing has changed in the BPSPX:CPC...still screaming sell.
blog comments powered by Disqus