Monday, March 21, 2011

SPX shortable???

Not yet for me,,,, though  i'll be looking to get short spx tues or wednes prob,,,the es spx hit their targets with a 1 point margin, may want higher idk,,, i also think the first test of the lows will hold

 for swings i prefer the diverg to be on the 60m chart not 5m or 15m

or short at extreme highs and previous resist if no 60m bear diverg

Friday's posted chart did its job giving the bounce, to me the revised chart now says "wait to short spx" to see if charts reveal if it wants higher first,,, also a move down and then waiting to short the bounce may also present if new highs daily don't come

I did enter a posted short today in HOLX individ stock, and silver SLV but not spx or qqqq or dow

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

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