Sunday, January 11, 2009

Trading RM Oscillator: We see our Oscillator settling in just slightly above holiday levels.  Trading remains stock specific.  We are looking to take profits when we have them and be extra selective. 

Trading RM morning trend sheet: The trend section of our morning worksheet shows a few sectors moving into short term/ 3 day down trends.  These include REITs (IYR) and Financials (XLF).  We see the SPX in a short term/3 day down trend. However the bigger picture for the SPX shows it being back in the 850-920 range. 

All of our morning worksheets are available at To register at our site visit us here.  For an explanation of the Trading RM Oscillator please see previous posts