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Re: 04/06/2018 Live Update

Posted: Fri Apr 06, 2018 3:25 pm
by Daniel
IYT challenging its Feb low CLOSE (not spike intraday low)...

Likewise w XLI. XLF performed this feat in March, but could do so again with a spike down into the close today.

Re: 04/06/2018 Live Update

Posted: Fri Apr 06, 2018 3:28 pm
by brokebybernacke2
Trades with cats wrote:Teddy Valley just tweeted
"Since 1990 when the $SPX has lost more than 1.5% on a Friday, Monday saw a lower low 90/ 93x = 96.7%"

But I am not interested in holding over this weekend. The Chinese Govmn't will have something to say when their markets open Sunday evening New York time.
do expect a gap down monday , and then hover a bit around 2520-50 range next week. but wow on those odds....

Re: 04/06/2018 Live Update

Posted: Fri Apr 06, 2018 3:45 pm
by Daniel
Breadth readings have not improved much during this upthrust into the close.

Re: 04/06/2018 Live Update

Posted: Fri Apr 06, 2018 3:51 pm
by Cobra

Re: 04/06/2018 Live Update

Posted: Fri Apr 06, 2018 3:52 pm
by Cobra
well, guess that's it for today. Monday has been mixed. thank you guys, I'll see you in another thread soon.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp