BullBear Trading: Stock and Financial Market Technical Analysis

Market rolls over a little bit late, but rolls nonetheless...

This roll was late, at .26517, fully 6% late.... On the X-axis, .25000 is the theoretical turn point...

I gave the market until Friday to roll over, it did peak on Friday...

It is possible that options expiration had something to do wih the delay...

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Comment by Steven Vincent on February 23, 2010 at 2:15pm
Don't be surprised to see this dip get bought and the market make new rally highs. I agree that we will be topping but the process may take another 4-8 sessions with a lot of chop in between. Let's see the put/call ration decline a bit...it has remained very high.

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