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Stocks and Investing => General Stock and Investing Discussion => Topic started by: wd1040 on November 14, 2012, 02:37:18 AM



Title: Getting signs of turn on SPX... it really depends on what it closes on tomorrow
Post by: wd1040 on November 14, 2012, 02:37:18 AM
Hopin' it's a blue candle, but unless something implodes, the momentum is turning. HA flattening and should allows a run back to 1420 and change

(http://dliufx.files.wordpress.com/2012/11/spx.png)



Title: Re: Getting signs of turn on SPX... it really depends on what it closes on tomorrow
Post by: pftq on November 14, 2012, 07:58:37 AM
Gotta backtest these kind of formations.  I still think short the bounces here - main strat holding short and RSI2 would only go short as long as we're in a downward trend.