Back to www.cobrasmarketview.com

09/16/2017 Weekend Update

Post Reply
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

09/16/2017 Weekend Update

Post by Cobra »

SPY hasn't touched its weekly ema20 for 44 weeks (2nd record since the year 1994. The champion was 47 weeks). Usually after a long time no touch, the very first touch would be bought as people finally can buy at 20 week average price. So, bulls should be fine.
Attachments
NoTouchWeeklyEMA20ForLongTime.png

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.
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/16/2017 Weekend Update

Post by Cobra »

please don't forget our weekly sentiment poll here: viewtopic.php?f=9&t=2614

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.
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/16/2017 Weekend Update

Post by Cobra »

No stock picks for the next week. Here's the latest strong stocks count:
viewtopic.php?f=10&t=2616&p=244837#p244837

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.
Post Reply