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This is pretty much still the case. IWM is even weaker.Daniel wrote:IWM, which gapped up to its (downslope) 15min 20ema, has not been able to hold above it all morning, and is currently testing it from below.
SPY and QQQ are back above theirs; hence IWM is weaker in that sense.
From its intraday low shortly thereafter, FB is showing an extraordinary bottoming tail, and is now up $7 from its low of $149... reducing the daily loss to a more manageable -2%.Al_Dente wrote:FB -6%
I feel that this whole FB story is really a big news and very surprized that market is not reacting to this news...people I think are not realizing how big a deal this story is..50 million people in USA, same number probably in India...and quite possible 10 to 20 million during Brexit...FB has basically created a doubt that so called public vote is not really a public vote but it is manuplation at it's best by few players..Al_Dente wrote:Grassley invited Zuckerberg to testify to Judiciary Committee on April 10
FB daily
'brokebybernacke2 wrote:weather forecast for bullish assumptions...
Your BAT is in my BUTTERFLY (cocoon stage )! / ie shorter term vs. longer term, in my humble prognostic opinion... we shall see if she gaps n gos over the double top resistance aheadcletus wrote:'brokebybernacke2 wrote:weather forecast for bullish assumptions...
Wrong interpretation. 3 indicators I follow are LOWER than March 2009, so yes, markets are still that undervalued. Hard to believe but I stand by the comment.
next resistancefehro wrote:SPX resistance.. yellow triangle… invs H&S SPX /ES trying..