kianator

Finally, Some Holiday Cheer

Daily close above 50 ema and Weekly close above 10 ema is a good short-term technical sign with stochastics move well above 20 and MACD histogram above 0.

Yes, no volume as the SPY volume was about 1/2 the 30 day avg as well with the QQQQs. Oh well, a trend is a trend. But, without volume and money flows to confirm this move, a reversal is always possible so move your stops up.



On Jan 02 04:30 PM archman82011 wrote:

> I guess.
>
> Then again, there was barely even half the average daily volume traded
> on the indexes today (1/2/09).
>
> Nothing to get excited about here.
>
> Volume since a low in November has been barely average each day up.
>
>
> Food for thought folks. Do not get sucked into hype.
>
>
>