Tuesday, April 10, 2012

4/10 - Long-red, Short-yellow

bearish stage 3 / oversold though

I know its in correction mode now and i should be looking at shorting, but with the big selloff vs the main trend, i can't help but think that the market is more likely to bounce than continue falling..in either case, its not the easiest time to be invested in the market....

SPX - huge selloff


SPY - technical selloff


IWM - at support...good support


NYMO - quite oversold






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