Thursday, September 22, 2016 6:39:08 AM
I've seen where they come back straight on down, this market is annoying
so you have to put up with the wip saws.I think the Central Banks algorithms read the consensus daily, while everyone was expecting more
selling the algobots reverse the situation and buy the hell outta the market causing havoc. everything has to come back to the medium so sometimes you have to suffer some pain and strain, or just stay on the side lines until the picture gets clearer. anyhow, I'll be watching different time frames from here on in and just play some individual stocks.
best
UVXY hitting the oversold sweet spot so bounce imminent on RSi=2
$SPX RSI-2 over bought at 96.36 so expect index to touch the 200ma there and retrace
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