I saw the change in character of $RUT:$RVX (was rising, now is flat), but don't much know what it all means. What does a short signal look like with $RUT:$RVX?
It's too early. $RUT:$RVX is not giving a “short” signal (yet). If $RUT closes outside the upper BB, I would be tempted to get involved with TZA at one minute before the close today. I should think we're going to have a real short squeeze coming sometime soon.
the earliest would be in the late summer
if the characteristics of the market don't change in the month of April then things could wait until the first few months of 2011
When $RUT:$RVX closes outside the upper BB on day 1, and inside the upper BB on day 2. For day 3, we'd like to see a lower close than day 2.
Sundancer
Whats your timing on when we should hit the SPX 965 mark?
thanks
Sun
What's your timing on hitting 965.95 area? thanks
an interesting look @ the former general of the bull army GS
http://www.flickr.com/photos/47091634@N04/44043…
the TA enthusiasts see a bear flag, what they don't know is what is containing GS
ideal setup is a short at the intersection of the red & teal containment points
I sold my TNA below the R2 line.
So far, R2 looks like resistance. So far.
I like that. I thought you did.
Dreadwin,
I saw the change in character of $RUT:$RVX (was rising, now is flat), but don't much know what it all means. What does a short signal look like with $RUT:$RVX?
It is preventing the $RUT:$RVX from giving a sell signal. Very annoying.
If I had infinite money, sure 🙂
It's too early. $RUT:$RVX is not giving a “short” signal (yet). If $RUT closes outside the upper BB, I would be tempted to get involved with TZA at one minute before the close today. I should think we're going to have a real short squeeze coming sometime soon.