The home of the innovation of the Logarithm of Time as applied to the Markets.
We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Saturday, November 7, 2009
A detailed discussion by me and others over at the BullBear site
Hi Mark, My MT stuff is still mostly bearish but now not as much. My faster indicators have crossed to bullish, but just bearly ;-). Monday/tuesday could show us the real direction... based on the tsx ofcourse. Cheers,
PS Isn't it at moments that are hard to read if bullish or bearish, that things happen...
Hi Hopper, There's some pretty serious negative divergence on conventional weekly charts on say, the Ultimate Oscillator and Momentum, and I feel pretty sure this rally is toast, but I'm keeping my powder dry until I see us go again below 1030 or so on the $SPX on Volume...that's the signal I'm waiting for to go real short...
2 comments:
Hi Mark,
My MT stuff is still mostly bearish but now not as much. My faster indicators have crossed to bullish, but just bearly ;-).
Monday/tuesday could show us the real direction...
based on the tsx ofcourse.
Cheers,
PS
Isn't it at moments that are hard to read if bullish or bearish, that things happen...
Hi Hopper,
There's some pretty serious negative divergence on conventional weekly charts on say, the Ultimate Oscillator and Momentum, and I feel pretty sure this rally is toast, but I'm keeping my powder dry until I see us go again below 1030 or so on the $SPX on Volume...that's the signal I'm waiting for to go real short...
Regards,
Mark L.
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