The Early Tells

The early tells are negative. There is heavy call buying and market breadth is two to one negative. This is definitely not a positive.

3 comments:

Anonymous said...

Anyone in here trade gold or silver? Any ideas on if they continue higher or drop?

Tsachy Mishal said...

I dont trade commodities but its strange that gold and the dollar are both up strongly. Not something one sees often.

Anonymous said...

The tells are all negative, ISM and Buffet just being the most recent. This was obvious 5% ago when 10 DOW components all beat earnings in a 2 day span yet the index was lower.

Keep trailing the stops behind recent highs. 1049.50 S&P futures level, sell everything in front of that.

Still all-in short.

JD