fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Thu Mar 22, 2018 11:10 am
RUT takes out Mon's LOD .. look for it to be no longer odd man out.. but racing to join the party
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Mar 22, 2018 11:15 am
IWM is still the cleanest dirty shirt
But down almost 1% today
Last week we noted that smalls have less exposure to internationals, hence tariffs would have less impact there... small comfort...
60m
[edit: pink is the island on QQQ]
Last edited by
Al_Dente on Thu Mar 22, 2018 11:25 am, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Mar 22, 2018 11:23 am
Only one of the dow 30 is green today (KO) and MRK is flat
Here is the worst of the dow sorted by red intraday
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Mar 22, 2018 11:27 am
John Dowd
lead WH lawyer
just resigned
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
brokebybernacke2
Posts: 1955 Joined: Wed Sep 21, 2011 10:10 am
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by brokebybernacke2 » Thu Mar 22, 2018 11:32 am
brokebybernacke2 wrote: te_fern wrote: Well so much for feeling bullish yesterday afternoon, the bottom fell out over night.... time for a reset...
no lod yet imo
i see 2666-2673 with a good flush and close near lows to prepare a good rebound, this stair step down does not bode well for bulls.
watch smallies if close below 1557 rut, must hold or more bear than i thought and expected bounce at risk...
so we are here and should bounce around till orangeman speaks, will determine next move. as a bull preferably want the bounce round here, as a bear, 2650 up next and looks quite important as final defense for bulls.....
brokebybernacke2
Posts: 1955 Joined: Wed Sep 21, 2011 10:10 am
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by brokebybernacke2 » Thu Mar 22, 2018 11:38 am
one more thing, might be clue, gold lookin like some market fireworks might be dead ahead...solid breakout
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te_fern
Posts: 4017 Joined: Tue Nov 24, 2015 3:35 pm
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by te_fern » Thu Mar 22, 2018 11:51 am
TICKs are starting to predict a pause due to gap between the MA lines and actual. We'll see.....
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This is not investment or trade advice.
brokebybernacke2
Posts: 1955 Joined: Wed Sep 21, 2011 10:10 am
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by brokebybernacke2 » Thu Mar 22, 2018 11:54 am
brokebybernacke2 wrote: one more thing, might be clue, gold lookin like some market fireworks might be dead ahead...solid breakout
tariffs good for gold , not so hot for dollar...
good move soon...
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Thu Mar 22, 2018 11:56 am
SPX 5m lunch time bounce
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Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Mar 22, 2018 11:58 am
Smalls will soon have an opportunity to double bottom
or bust
15m
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Mar 22, 2018 11:59 am
brokebybernacke2 wrote: brokebybernacke2 wrote: one more thing, might be clue, gold lookin like some market fireworks might be dead ahead...solid breakout
tariffs good for gold , not so hot for dollar...
good move soon...
why tariffs good for gold boss
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Thu Mar 22, 2018 12:01 pm
brokebybernacke2 wrote: brokebybernacke2 wrote: one more thing, might be clue, gold lookin like some market fireworks might be dead ahead...solid breakout
tariffs good for gold , not so hot for dollar...
good move soon...
not so sure… DXY hammer again at 50d/20d .. over it look out.. gold /GC constant struggle… under 50d SMA barely holding 20w/10month SMAs
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MrMiyagi
Posts: 10326 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Thu Mar 22, 2018 12:06 pm
UP - NEVER!!!!
DOWN - FOREVER!!!
Cobra
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Posts: 58344 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Thu Mar 22, 2018 12:11 pm
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MrMiyagi
Posts: 10326 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Thu Mar 22, 2018 12:13 pm
Intraday MACD finally turning up slightly but the 20ema hammerdrop still smashing cakes. A bit of a flatline here for a while maybe, what a week....
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Mar 22, 2018 12:22 pm
Year-to-date
%
top tech stocks
So far, only one is in the red for the year
a couple others are near
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Mar 22, 2018 12:25 pm
$50 BILLION IN TARIFFS AGAINST CHINA OVER IP THEFT
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
Posts: 4017 Joined: Tue Nov 24, 2015 3:35 pm
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by te_fern » Thu Mar 22, 2018 12:30 pm
See how much of a bounce we get here.....
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Cobra
Site Admin
Posts: 58344 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Thu Mar 22, 2018 12:36 pm
rebound is strong so it's the first step toward bottom, still missing revisit low generally.
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