Live Update

Wednesday, November 18, 2009

11/18/2009 After Bell Quick Summary

I see a slight better chance on the upside at least tomorrow morning, but I don’t expect the market to be up so much from here. I still maintain the forecast for “consolidation then pullback”.

SPY15min

One trick today, when both SPX and VIX closed in red, 17 out of 27 times (63%) a green close the next day.

SPXVIXWatch

blog comments powered by Disqus

Disclaimer

The information contained on this website and from any communication related to the author’s blog and chartbook is for information purposes only. The chart analysis and the market recap do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.

This websites provides third-party websites for your convenience but the author does not endorse, approve, or certify the information on other websites, nor does the author take responsibility for a part or all materials on the third-party websites which are not maintained by the author.