- USA TRADERS THREAD -

Lee you're right as the crossover began at the begining of the week and we've dropped 200 points since, I didn't check it earlier unfortunately but the example was used in conjunction with the other stuff mentioned such as change in volume, RSI divergence, consolidation formation and loss of support etc. I think we're going down quite a bit more though before a sizeable bounce. I've got some positions either side anyway and concentrated mainly on the FTSE for now. Apart from that I'm going to wait for new bottoms and tops as I think it's going to get a bit choppy in the start of New Year and choppy days are no good for longer term positions IMO.