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TFC Commodity Trading Forum

Re: Red Alert RED ALERT RED ALERT

Well there are a lot of selections. I'll have to see which are the best technical looking ones. The DIA is the Dow ETF. That can be shorted with a bear Dow ETF in single or double. I'll monitor as many of these as I can to see what percentage pan out. I'd like to see the character of all of them collectively once signalled for a reversal to see what reaction and by how much to expect most of the time. Right now many of them are still running higher. I suspect by having higher highs and higher lows every day for 7 to 10 days without the normal trading into and out of those markets they are not correcting throughout the day like they normally do and become very overbought after 7 to 10 days and then sell off sharply. So we'll see how the group of them react once they break that pattern. Should be interesting.