Monday, October 14, 2013

market outlook for /ym for 10/15

video for market outlook for /ym 10/15

1. Bearish divergence on the RSI , also there is a slight divergence on the on balance. Meaning that price is making new highs but both the RSI and the OBV are showing lower highs. This means keep your eyes peeled for good short opportunities.

2. Monitor the market internals (TICK and TRIN), pivots and VA.