It may be right time to accumulate ACOM.

GBG Great Basin Gold: Bottoming

GBG: We catch the bottom 1.44 or we buy the breakout 1.50? Sector: Gold is bullish.

The 3 days green?

This statistic is for fun: Condition to screen SPX had a day down then up from 1-1.5% the next day (like yesterday) then up more than 2.5% (may be like today). Buy at close today (collum 3) and to see the next day (collum 4). The screening data from Jan 02 1950. We can see the 8/11 is the positive.

This rally is worth to receive the momentum for 3 days

SPX daily: Except the T2108 (eq. T2122) reading overbought. +DI15 and RSI14 are very bullish and not overbought.

I think with this bullish sentiment inspired from Euro debt-crisis deal, the SPX would make a consecutive 3 days rally before it may face any selling pressure from profit taking. 

Bullish sentiment inspired from Euro debt-crisis deal

I think with this bullish sentiment inspired from Euro debt-crisis deal, the SPX would challenge the DMA200 @1275 before it could face any selling pressure from profit taking.

I called the cautiousness of the overbought and warned of a top of some kind the Oct 24. I closed all my longs and went short (bought TVIX). It was a bit early however it proved right when the next trading day (Oct 25) showed.

I then, closed TVIX (Oct 25) (missed a chance to add it at the open when it was still low) and opened 2 longs. These stocks are screened based on technical and fundamental.

T2108 (TC2000.com) is about 73.38 in the overbought territory. I think bulls need to be cautious.

Seems to me now that SPX wants to finish the 3 legged up (5min chart) of today rally. Considering at least to close all my longs!

I think I will maintain my long positions over weekend.

With Europe markets' huge rallies on the hope of positive outcome from EU Summit, and EUR/USD breaking out the descending channel, and last but not least because of SPX making the new high after 11 trading weeks, I think I will maintain my long positions over weekend.

It may be a reversal (Buying signal) if SPX breakout the 1207.

SPX is seeking a support around 1200.

EUR/USD

In my EUR/USD hourly chart, 3/3 indicators showing a pullback and EUR may find its strong support @1.373. It means the pullback in US equities is imminent. (How can I post post a chart?) 

My watch list including some stocks in my portfolio