Web Statistics Say Hello To Opex

Thursday 20 December 2012

Say Hello To Opex

Well we only have one days trade left before OPEX week is over. If you are not aware 73% of the time, OPEX week is usually bullish or the market closes on average GREEN! So there is no surprises if we get a little more up.

But if you have been reading our previous posts, you would not be surprised. We have been fairly bullish since the MIDDLE OF NOVEMBER - SEE HERE!

The market breadth and leading indicators we choose to use, have been saying buy the dips, and that has been spot on!

Have a look at the russell since our middle of november call. LOL. There has been a very nice run up, and only a few red days inbetween. WOW!

As you can see, the russell is in a nice upwards bullish channel. This week has been very good on the russell and other indicies in OPEX and our stance remains the same.











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