Looking back at bulls trap gap down, today is the fourth one. normally when $ONE:$VIX ma is bullish cross money is in the bank for bulls, this last 4 times is a little different.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Adv/Decl and up/down volume metrics haven't worsened thru the day, even as key indexes test fresh lows. Breadth is more benign than price, past few hours.
BullBear52x wrote:Looking back at bulls trap gap down, today is the fourth one. normally when $ONE:$VIX ma is bullish cross money is in the bank for bulls, this last 4 times is a little different.
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First day piercing the lower bolinger band on the daily.
Also, will selling volume on today’s new low be LOWER than Friday’s volume? Bulls will be watching that at the close as it will mean that sell volume is waning.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
chart for the road.
last month stick saved. Monthly histogram dip under zero and came back out, will this time be the same? if not, this time might be different. it's early yet in the month but this could be a good cautionary signs. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x wrote:Looking back at bulls trap gap down, today is the fourth one. normally when $ONE:$VIX ma is bullish cross money is in the bank for bulls, this last 4 times is a little different.
Great chart, thank you.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Daniel wrote:Adv/Decl and up/down volume metrics haven't worsened thru the day, even as key indexes test fresh lows. Breadth is more benign than price, past few hours.
Zweig is flat out sick.
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‘the petrodollar is our currency and our problem’....Gappy
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