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11/23/2016 Live Update

Denali92
Posts: 526
Joined: Wed May 25, 2011 3:39 pm

Re: 11/23/2016 Live Update

Post by Denali92 »

Some Thanksgiving info and market perspective.

http://www.cobrasmarketview.com/2016/11 ... ay-update/

Nothing super actionable. Just my usual Turning Point perspective.

ENJOY the holiday! :) :) :)

-D
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 11/23/2016 Live Update

Post by uempel »

Hypothesis: we'll now enjoy a very boring 10 day spell (my assumption) and then we might see a jump to the upside around December 6th (signal on the x-axis)
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Cobra
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Re: 11/23/2016 Live Update

Post by Cobra »

consolidation, bias is up.
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uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 11/23/2016 Live Update

Post by uempel »

My broker sent out a profit warning and I know exactly why: this market is A) difficult to trade and B) not fun :cry: :cry: :cry: C) most guys doing other things than speculating ...
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JFR
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Re: 11/23/2016 Live Update

Post by JFR »

Overnight gap down. Filled. Tight trading range. It's a ping pong game. No real direction. Waiting for a breakout on the daily.
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Al_Dente
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Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/23/2016 Live Update

Post by Al_Dente »

HAPPY HOUR
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Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 11/23/2016 Live Update

Post by Cobra »


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Cobra
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Re: 11/23/2016 Live Update

Post by Cobra »

well, guess that's it for today. Friday has been bear friendly recently but this time it'll be a shortened trading day which generally should be bull friendly. thank you guys, I'll see you in another thread soon (in case guys would like to chat on Thanksgiving day).

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