Still range bounded so theoretically still no direction, just this time with a failed breakout this morning, lots of negative divergences were formed.
I have a few interesting charts to show you tonight. They’re speculation only and bearish biased toward tomorrow. The bottom line, I still think the market is building a top.
It is strange today. Both SPY and VIX are closed in red, which suggests tomorrow a green day. However, QQQQ is a black reversal bar, which suggests a down day ahead.
Still range bounded so theoretically still no direction, just this time with a failed breakout this morning, lots of negative divergences were formed.
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Cobra 发表于 2009-12-2 16:15