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Hello
We made today an inside day, in
addition it made a candle that is normally a top or
acceleration,
the odds are that we most likely top
out,
this is confirm by new hi and new low for both
NASDAQ and nyse,(did not improve today)
It is also confirmed by the p/c
ratio
(decreasing on both index,sp500 and
ndx)
sorry no charts today
the only fly in the ointment is long term
trading suggests 10-15 max upside ,
and about 60-80 on the
downside,
the perfect stop loss is at 910.9 and
going up 4 points per hour(for those that stay long overnight )
the sell short is at 906.6
add to shorts is at 902.8
good luck
Ben
home of the perfect stop loss
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