Recent content by chessvirtuoso

Indices It is almost hilarious how I insist on breakdowns, declines ets. :cheesy: The facts are that there is a high, a test and a lower high. Whether or not the top has already finished forming or there is going to be another test is about to be seen. For now the sellers are stopped at...

$nya You are right that I jumped to hasty conclusions. Let me re-phrase. The intermediate term advance is losing steam as indicated by the lower highs and decreased market breadth. However it is not by itself a reason to go short but rather to cover one's longs (if one failed to do so after...

$compq Lower highs, lower lows. "Bozo's" + increased volume on declines. Short ranges on advances- price is difficult to rise. Fewer new highs, adv-decl volume diverging with price - no breadth behind the up moves. Last two days- consolidation before further decline. If there is another rise...