Here's an ETF which is big time overextended. I plan to short it when its ADX turns down, 5-day EMA is taken out, or Parabolic SAR reverses, whichever condition comes first...
http://stockcharts.com/c-sc/sc?s=FXI&p=D&yr=0&mn=7&dy=0&i=t72846166076&a=939...
http://stockcharts.com/c-sc/sc?s=FXI&p=D&yr=0&mn=7&dy=0&i=t72846166076&a=939...
Regards,
frenchee
#board-4258 TSP Trend Timing: EFA (I), TLT (F), SPY (C), and VXF (S)
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