Negative divergence on the hourly charts between price and oscillators. I expect the price to drop from here. The daily momentum is up, the weekly momentum is down. I will buy puts when that circled indicator turns down.
Thursday, November 29, 2012
TIF trade
Bought TIF in premarket at 56$. Stops at premarket lows. Looking for a flip, but the chart looks good for a buy in the IT.
Wednesday, November 28, 2012
SINA
Sold SINA today morning. Holding short SINA in the Intermediate term. Look below for the market update posted earlier.
Subscribe to:
Posts (Atom)