Wednesday, April 18, 2012

4/18 - L-red, S-yellow

Its all about Risk Reward and not trend now when it comes to market analysis for the coming day...we got nice tight risk if we go short here and a 50/50 chance that we are going lower....50% change higher as well, but that risk is much higher, but an okay hold...just be cautious

SPX - resistance, ABC down?


SPY - still orderly


DIA - bullish scenario


XLF - same bearish scenario as SPX is hinting




VIX - H+S bullish reversal in the works?



NYMO - no man's land...can go either way...


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