Call buyers will make a killing if they are right: $CPC, $CPCE, $CPCI, and TRIN are all > 1. a little too rich, a day like today $CPC = 1.4, it's in the panic zone usually with this type of reading
Swing setup: no change, wait for dip setup to buy. 1.PNG Intraday: new swing high, it is bullish bias, lots of support below, a closed above red line is a sign of bullishness moving forward. a closed below will be seen as weakness. 2.PNG Internals: bullish bias.no sign of weakness to call to atm. tr...
Nothing much to add besides what I have said on Friday. Earning season, election year, stock buy back window. let see how the coming week unfold. Look at the Mega Caps momentum, there is a sign of improvement. 1.PNG NVDA is hitting resistance, if next week it breaks out above 61.8% it will be a full...
what is your time frame of trade :) Swing setup: bears got one good bite that's all she wrote, next dip will be bought. 1.PNG Intraday: new swing high, it is bullish bias. to maintain a positive price action into tomorrow bulls must hold up and close above the red line. 2.PNG Internals: bullish bias...
If there's will there's way. a mission to move above 50 DMA. I don't see a problem, taking oil and few commodities down during election year, it has been a good game in the past.
This rip will be sold, until this setup fails, then bulls will have a say. I am not sure if it will trigger today or by end of day. first thing first. (RSI<70 = trigger)
sellers were cautious at this level. I will use my red line as a pivot, sellers be careful of a bullish piercing, it could rebound right back to 38.2% in a hurry.