Thursday, December 9, 2010

12/9, Sensex and EWZ may confirm downtrend tomorrow

confirmed bearishness today
SA Miner. Why? 5 closed below 13 and below 62 SMA

May confirm bearishness tomorrow
SENSEX (India)
Same signal by EWZ (Brazil)

Confirmed Bullishness Today
IYF Financials 13 closed above 34 sma
21/22 dow Sectors are in uptrend now. OVERBOUGHT? I think so.

Did not have good today. RUT puts and FXE calls were big losers.