It looks like the market may be changing its stripes in the near term. Here’s how I see the charts right now.
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It looks like the market may be changing its stripes in the near term. Here’s how I see the charts right now.
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are you a short seller yet on anything,Jason
much rather buy an inverse ETF than short an individual stock
Jason,which inverse ETFs are you looking at? Got my eye on GSG-iShare SP GSCI commodity indexed trust ETF. Would like to see which inverse ETFs would outperform this short term pullback if indeed turns out to be a short term move.
SP500 does seem to be in exhaustive mode. Commodity channel Index (CCI)14,and Exp. Bollinger Bands %B and with NYAD index also seem to indicate a divergence is emerging. Mon. and Tues. may continue its Friday move. Numerous economic data is coming in through out the week.
Nice work Jason.
Thanks Daddy Paul.