So everyone going short before close? I was thinking about shorting the Qs. They look especially weak just that they look to close sitting just above the 20ema – maybe I should wait for a decisive close below it… I’v taken too many chances of late… what is everyone else doing?
the financials here in canada – especially the royal bank – are selling off at the end of the day today on no news… while financials/ overall markets are positive south of the border. i use the canadian financials as the canary in the coal mine – they are signalling SELLING….
while the spx chopped today – take a look at the action on the daily VIX..it is telegraphing some really bullish behavior…there is looking to break out up from a descending triangle from june of last year, and the look of the daily technicals makes me think early next week is gonna see some solid selling.
Can you post the screen shot mschemeng, as it doesn’t show up unless you login.
i wonder if that is a fake print??? fp of the dax…. hummm cool!
There she blows! LOL! Monday looks really ugly too me.
i am short spy ….. good risk reward…
So everyone going short before close? I was thinking about shorting the Qs. They look especially weak just that they look to close sitting just above the 20ema – maybe I should wait for a decisive close below it… I’v taken too many chances of late… what is everyone else doing?
mini flash on DAX down to 7015 or so
http://tickerforum.org/akcs-www?post=177895
you have to logged into Karl’s ticker to see screen shot…
It’s looking bad for next Monday… LOL!
the financials here in canada – especially the royal bank – are selling off at the end of the day today on no news… while financials/ overall markets are positive south of the border. i use the canadian financials as the canary in the coal mine – they are signalling SELLING….
Yes, I agree. Next week should see some nice selling.
while the spx chopped today – take a look at the action on the daily VIX..it is telegraphing some really bullish behavior…there is looking to break out up from a descending triangle from june of last year, and the look of the daily technicals makes me think early next week is gonna see some solid selling.