My personal model relies heavily on dip buying, and therefore gets crushed just before a correction.
It's getting crushed today.
This Canary is gasping in the coal mine...
My personal model relies heavily on dip buying, and therefore gets crushed just before a correction.
It's getting crushed today.
This Canary is gasping in the coal mine...
You have far more visibility into market internals than I can produce :-)
We can see that money is not moving in, most probably because of the End Of the Week.
All the early Thrust long/short signals have been cancelled, which simply means that volume is running low.
Pascal
Last edited by Pascal; 04-14-2013 at 08:41 AM.