Spaf
Honorary Hall of Fame Member
- Reaction score
- 45
imported post
Market weather and Tarot Cards March 10 Closing
Weather: Indexes were up, dn, up, dn. Conditions very choppy. Perils are oil, inflation and interest rates.
Cards (charts): S&P closed at 1209.25, up +2.24. The CMF money flow indicator is positive, but declining. RSI relative strength was about neutral. The MACD moving averages were positive, but declining.
Remarks: Holding 100-0. Stop at 1215 broken. Market could not sustain breakout. Next lower trend line 1184(edit). Next higher trend line 1225 (edit). I guess this may put the market back in the trading range!
Rgds!
Spaf
Market weather and Tarot Cards March 10 Closing
Weather: Indexes were up, dn, up, dn. Conditions very choppy. Perils are oil, inflation and interest rates.
Cards (charts): S&P closed at 1209.25, up +2.24. The CMF money flow indicator is positive, but declining. RSI relative strength was about neutral. The MACD moving averages were positive, but declining.
Remarks: Holding 100-0. Stop at 1215 broken. Market could not sustain breakout. Next lower trend line 1184(edit). Next higher trend line 1225 (edit). I guess this may put the market back in the trading range!
Rgds!
