Looking more like a reversal by the minute. I exited all shorts on XJO at today's open. Watched it go up and down for the rest of the day, at times feeling like a hero and others more like a dill.
Isn't it funny how sometimes you are more interested in knowing the price once you exit the position?
The yanks will get a chance to work off their oversold readings from Friday. This will likely bring the put call ratio back to less extreme levels... signalling that the bears are being beaten.
If we can get a 2 or 3 day rally (dare I ask) and spit out some really low TRIN numbers, say 0.3 to .99 - it will be time to sell again.
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- caylus's - exciting long red bars - tuesday
caylus's - exciting long red bars - tuesday, page-108
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7,950.5 |
Change
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8,103.2 | 8,103.2 | 7,928.5 |
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