I don't use the ratio-adjusted version that stockcharts uses. I use the original raw version. Yesterday was -3. today should get to -100+ and once it gets above -200 the declines should get spectacular.
We closed below the 20 day average in every index today (except a few which had already dropped below the 20day) 10 day and 20 are still moving up to flat. This is only the beginning. The red bars will get bigger and bigger as the McClellan Oscillator gets more deeply negative. It's still a gift to enter short/ inverse positions from these levels.
I don't use the ratio-adjusted version that stockcharts uses. I use the original raw version. Yesterday was -3. today should get to -100+ and once it gets above -200 the declines should get spectacular.
Screen capture it, before it disappears.
As I said yesterday, the MO is wrong by a day on Stockcharts. This will be the third day in the red.
Red, check out the vix on TOS 349.42, another fake print or what?
http://screencast.com/t/YjcwNjFkOTc
On the 60's.
http://www.screencast.com/users/has001u/folders…
On the daily.
My thought is that we test the flash crash lows on the QQQQ's.
We did on the other Index's, now tech should follow.
Duh, here's the link…
http://reddragonleo.com/wp-content/uploads/2010…
Here's the one I got on June 4th… post his link if you can.
today
We closed below the 20 day average in every index today (except a few which had already dropped below the 20day) 10 day and 20 are still moving up to flat. This is only the beginning. The red bars will get bigger and bigger as the McClellan Oscillator gets more deeply negative. It's still a gift to enter short/ inverse positions from these levels.
Thanks!