No rush, folks!# Stock
N*p
1 楼
Today we saw many leading stocks cornered -- nowhere else to go, have to
fight for life.
TRN nearly closed critical window 30.50 - 31.50.GPRE nearly approached
critical support at 25.83.Some stocks already got safe and started pushing
upward with force: ATHM, COH, but all of them are still under SMA50.
Today is likely short-term bottom, but general market is still not favorable
. Let's wait for $SPX to at least close above SMA200, then SMA50, or
cumulative $NYAD crossing SMA50.
http://stockcharts.com/h-sc/ui?s=SPY&p=D&b=5&g=0&id=p2522450857
http://stockcharts.com/h-sc/ui?s=$NYAD&p=D&yr=1&mn=0&dy=0&id=p1
fight for life.
TRN nearly closed critical window 30.50 - 31.50.GPRE nearly approached
critical support at 25.83.Some stocks already got safe and started pushing
upward with force: ATHM, COH, but all of them are still under SMA50.
Today is likely short-term bottom, but general market is still not favorable
. Let's wait for $SPX to at least close above SMA200, then SMA50, or
cumulative $NYAD crossing SMA50.
http://stockcharts.com/h-sc/ui?s=SPY&p=D&b=5&g=0&id=p2522450857
http://stockcharts.com/h-sc/ui?s=$NYAD&p=D&yr=1&mn=0&dy=0&id=p1