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Sentiment would seem to suggest that the SPX blue resistance will hold, ie the mkt is a short...this indicator has made some great calls in the past...http://money.cnn.com/data/fear-and-greed/
Sir, what about WTI did it just break orange resistens? Will we break back, any breath to expect, were would it be a good entry in your oppinion? Kindest
Frankly speaking, it's a very tough call. Direction is up, momentum is there, but it hit the internal resistance and reversed with overbought condition. On the other hand, it sits at the orange support as I write this.
pls try and specify the time frame of every chart when posting
ReplyDeleteSentiment would seem to suggest that the SPX blue resistance will hold, ie the mkt is a short...this indicator has made some great calls in the past...http://money.cnn.com/data/fear-and-greed/
ReplyDeleteI asked my chart provider to include the time frames in the export function but didn't get a reply yet.
ReplyDeleteThanks a lot. This looks quite interesting. I will start following this indicator.
ReplyDeleteSir, what about WTI did it just break orange resistens? Will we break back, any breath to expect, were would it be a good entry in your oppinion? Kindest
ReplyDeleteFrankly speaking, it's a very tough call. Direction is up, momentum is there, but it hit the internal resistance and reversed with overbought condition. On the other hand, it sits at the orange support as I write this.
ReplyDelete