Stoch's still diverging a bit and volume has been down.
The VIX touched the lower BB, now its time for a move to the 20ma and then above. BPSPX:CPC 20ma has yet to turn, basically waiting for a move in this indicator now.
10/10/10 Update
Stoch's still diverging a bit and volume has been down.
The VIX touched the lower BB, now its time for a move to the 20ma and then above. BPSPX:CPC 20ma has yet to turn, basically waiting for a move in this indicator now.
This is probably the only time we are going to see a market like this in our lifetime. So lets make the best of the opportunity. I am going to concentrate on mainly trading the S&P 500 index using Elliott Waves and other TA. I will mainly be using puts and calls on SPY, but at times will trade SDS and SSO also. Do your own due diligence of course. Do not take any of my commentary and technical analysis as recommendations to purchase stocks or options. I do not currently trade the E-minis.