InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,459.02
(
0.20%
)
US TECH 100
19,086.40
(
0.68%
)
Dow Jones
39,309.91
(
-0.26%
)
Brent Oil
84.92
(
-0.42%
)
Bitcoin
61,446.99
(
1.97%
)
Post# of 38564
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

PennyPincher12

Send PM Follow Ignore
Followers 35
Posts 1286
Boards Moderated 0
Alias Born 09/08/2011

PennyPincher12

Re: PennyPincher12 post# 6775

Thursday, 12/08/2011 2:34:48 PM

Thursday, December 08, 2011 2:34:48 PM

Post# of 38564
And also, if you want to look at specific indicators, check the Williams % and the accum/dist. I like to gauge overbought/oversold levels based on the Williams %, so right now we're in the oversold range. Based on the ADX, sellers rule this market atm but that's only because the longs here aren't selling at all. The only people selling are those that simply don't have the patience to wait this out. They are selling at a loss, too!

I'll try to get home tonight and put together some strong DD to sticky.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up