Friday, December 9, 2011

SPX Daily - Friday, Dec 9

@ 4 PM

Even more confounding market action today....


@ 12 Noon

Not quite the reaction most were expecting to EU's agreement to disagree....
However, the 5-min chart has exemplary complex corrective waves.

Posted by Vega at 1:00 PM

2 comments:

  1. UnknownDecember 11, 2011 at 9:21 AM

    Vega, do you use a particular indicator/oscillator to count with?

    ReplyDelete
  2. VegaDecember 11, 2011 at 3:29 PM

    I tried to find some corelation with other indicators/oscillators, but I have'nt been able to find one I can rely on with any amount of consistency. Though RSI is the one I like to look at from time to time.

    ReplyDelete

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