Live Update

Monday, July 12, 2010

07/12/2010 After Bell Quick Summary

For the past 4 trading days, SPX closed in green everyday but the volume kept decreasing everyday, this is a so called price volume negative divergence. However if you short at today’s close and cover at tomorrow’s close, it seems not much edge here for bears since year 2000. If not for the 11/26/2008 very impressive 8.1% gains the average return would be quite negative.


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