Replies to post #268 on The New CS Board

[Oddlot]

SPY OBV signal possible

If we get a good round of selling late in day, such as would occur with a trendline break as described earlier, the OBV could decline below the range of the last 3.5 days and indicate a change in trend to the down side. In conjunction with violation of the MA17, this would say that we may be going down for 6 weeks. While this is in contrast to my general opinion, I try to be openminded.

Oddlot

[smoothie]

Oddlot re : LOD



I almost held my nose and hit the buy button at that trendline.

* late to the party
* macro rez close
* charts hinting at pause

chickened out and sat on my hands.............shooting for buying support or selling macro rez, whichever comes first. lol


And so it goes....................................good trades captain!

[Oddlot]

13 week top is in!
See prior post for chart. We have two closes under the TL, and both reflect a lower open and a recovery from the lows, but still consecutive lower closes.

The CCI20 have a sell signal for the 13 week cycle, and today the CCI40 gave one for the 26 week cycle.

Holding bearish position in SDS, and will add on next short term failure.
Oddlot