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Same thing today, with an exception for slight potential in afternoon. Indicators show this afternoon SPY can see some true movement unlike yesterday's consolidation day.
nothing to say, wait for breakout. this market is dead.
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No change.
Net Long with longs and shorts.
My trend signal is long (pretty solid but a few chinks appearing in the armor).
My Summation Index signal is short (anticipatory turn signal with ho hum probabilities but can pay off catching turns early).
Feels like energy is building up for a burst one way or another or both.
Hi Cobra and others who keep me learning and laughing,
Congratulations on your charts Cobra and thank you for all you do
I was skimming through them last night and even though I will still vote for you everyday, do we have to keep the votes up in order for you to keep your charts.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
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the 3rd touch of the low, not good for bulls because it'd likely break.
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