Ex-RB Short Term Traders

[Naztrader]

Dimension, new low of day on GE, -.32 or -1.03% currently.
The situation with GE is getting critical. After gapping down out of the large wedge on the weekly chart, it is showing very little bounce here. Its one of the first seriously broken stocks I've seen since the rally began.

Minor negative indications beginning to appear and the MACD/MA/CCI negative. The ES is holding right at the trigger point but the markets have gone dormant. A/D is flat. TICKs are +493 and volume has slowed to a trickle.

VIX hit its lowest print today since mid 1998. However, that may no be comparable since its formula changed in September.

http://stockcharts.com/def/servlet/SC.web?c=$VXO,uu[h,a]daclyyay[df][pb20!b50!f][vc60][iUb14!La12,26...

http://stockcharts.com/def/servlet/SC.web?c=$VIX,uu[h,a]daclyyay[df][pb20!b50!f][vc60][iUb14!La12,26...

Good luck.



Regards,



Naz