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SMALLS, SWING, 15 min
cleared the first hurdle, breaking above the red-downtrend channel line, as shorts rush to cover
they will meet resistance all the way up
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Meanwhile, KRE is still rampaging, carrying thru on yesterday's strong intraday reversal, currently up >1%. KBE is not far behind. Transports are also strong (>1%)
UUP is now holding above that confluence of 5, 20, 50day moving averages.
Gold, silver, nat gas, DBC in gen'l all weak today.
Last edited by Daniel on Fri Mar 16, 2018 11:14 am, edited 1 time in total.
VIX gets hammered as we move nowhere and those OEW options decay… VIX expiration next Wed… DXY .. USdollar.. nHOD, nHOW, nHOM … >20d/50d EURUSD <50d… mind your gold and oil
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Last edited by fehro on Fri Mar 16, 2018 11:10 am, edited 1 time in total.