I had a lengthy post all put together this evening and lost it just as I tried to post it. So I'm going to make this brief as my laptop battery is running low. I'll be showing only three signals this evening.
In a word, toppy, but it could move sideways or even continue higher. Both signals are bouncing off their 6 day EMAs and look ready to weaken, even for a very short term.
Very strong signal here, which tends to make me think weakness will be bought the first time we see any. But I'm more willing to buy the second dip than I am the first. OPEX is next week and I'm expecting more volatile action than we've seen lately. It's going to be tricky trading if you've been sitting in G of late. Be careful.
The system is showing all 7 signals on a buy, which keeps the system on buy.
I'm not sure I'll be posting tomorrow or not, but I should get to post by Friday at the latest. See you soon in any event.
In a word, toppy, but it could move sideways or even continue higher. Both signals are bouncing off their 6 day EMAs and look ready to weaken, even for a very short term.
Very strong signal here, which tends to make me think weakness will be bought the first time we see any. But I'm more willing to buy the second dip than I am the first. OPEX is next week and I'm expecting more volatile action than we've seen lately. It's going to be tricky trading if you've been sitting in G of late. Be careful.
The system is showing all 7 signals on a buy, which keeps the system on buy.
I'm not sure I'll be posting tomorrow or not, but I should get to post by Friday at the latest. See you soon in any event.
