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SharePlanner Reversal Indicator: Gathering Clouds
Despite the unexpected twists & turns from the SharePlanner Reversal Indicator of late, it is important to note that this kind of volatility hasn’t happened since the 2011 topping process that led to a huge sell-off in equities. Perhaps this is another early warning sign like 2011 that began forming the topping process to a major sell-off. Respect your support levels!
Here’s the SharePlanner Reversal Indicator.
Ryan Mallory is the co-founder of SharePlanner Inc, a financial website devoted to Day-Trading, Swing-Trading (both long & short) and exchange-traded funds. Ryan makes a strong emphasis on risk mitigation strategies, trading transparency, and trader education – not to mention a great set of stock screens as well.
Be Sure to Check out Ryan’s Site at Shareplanner.com
2012-10-01 05:20:42
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