AIG.US: Negative formation, possible short

AIG.US: Daily Graph: Short Trend, short term correction

Correction to FIB 38.2%

Double top, break below the recent low – activated formation

Equities Three Inside Down – Negative trend reversal formation


RSI moves below 50 – negative signal

Possible sell at current levels

SL: 55.49

Alternate scenario:

If price moves above 55.49 will cancel for bearish view and will give us a possible buy signal

Stefan D. Angelov – Head of Stocks Trading

 Varchev Traders

Read more:
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance