The New CS Board

[ahimsak]

1. The 21dma on the vix is falling rapidly, but will turn up on friday if we get back over 14. Bullish for now, but says we are reaching some kind of short term sell signal.

2. The 21dma for the spx is super bullish, but we are overextended and due for a 2% correction soon. When is the question.

3. The rsi is at extreme levels, which means at least one more rally to new highs will follow any correction, so buy with assurance when we botton at some point after a 5 to 7% correction in feb or march.


Bottom line: Wish I had never heard of the sds