Friday, January 20, 2012 3:59:08 PM
RUT to OEX daily ratio, which means risk-on trade vs. big caps defensive trade
http://stockcharts.com/h-sc/ui?s=$RUT:$OEX&p=D&st=2010-05-01&en=%28today%29&id=p91042417362&a=241052197
this puppy needs to still improve...nothing here is yet a Lock
be vigilant ... EXTREMELY vigilant into next week and the February OPEX event...
this chart MUST improve before a Lock can even be considered for the bulls
* 1.3341 is a must to be overcome in the future...very important level
to accomplish confirmation
... bull trap consideration until then
&id=p91042417362&a=241052197)
http://stockcharts.com/h-sc/ui?s=$RUT:$OEX&p=D&st=2010-05-01&en=%28today%29&id=p91042417362&a=241052197
this puppy needs to still improve...nothing here is yet a Lock
be vigilant ... EXTREMELY vigilant into next week and the February OPEX event...
this chart MUST improve before a Lock can even be considered for the bulls
* 1.3341 is a must to be overcome in the future...very important level
to accomplish confirmation
... bull trap consideration until then
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