Zeev you dare jinx my NVEC I shorted at 45.5. The gap up & the further rise seems to favor shorting. The traders will book some big profits today so that any panic now favors the downside.
since i dont post these signals over here too often, ill elaborate a bit. in an uptrend they are very reliable at well over 80%. in a downtrend which we are in imo, the reliability drops to closer to 50% or a coin flip. in light of the recent carnage, europes strenght, and multiple recent intaday rally failures i firmly believe this one sticks and we close on the highs.
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