Thursday, March 14, 2013

Might have been a good day to short

Tomorrow could be interesting


So, the mini sell signal I wrote about yesterday was completely negated today.  Like I had mentioned, it was barely any signal at all in terms of my confidence in it.  However, I do think today could have been a good opportunity to go short.  We'll see tomorrow, but with options expiration and overbought conditions "risk-off" may be the phrase of the day.  Also, 10 days of uptrend is just ridiculous.

Today's scores, first time I've seen a 1,000 level total score in quite a while:

Charted depiction of the "score total" row June '12 through today:

GOOD LUCK TOMORROW!

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