Wednesday, November 14, 2012

Wednesday down

 Quick review at 1am ET.
Future are up sharply but I still think we are down Wednesday.We do have the vix +spx saying UP
not shown.

#1-My bear view is this chart shows the volume in bearish mode under blue lines


 #2 We had a outside day today, enlarge chart to view the record. No perfect but close. Most technical analyses says inside and outside days are useless or undecided, I think different.
Here is the AGET view of the count. Other then the pitch fork trail not much as far as direction.

My parabolic indicator also looks for a down or at least a lower low. for Wednesday.

As far as being OB/OS I'm close to being OS but not there yet in the SPX, nor the Nas. We need a thud down.

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