11/03/2018 Weekend Update

[Cobra]

Up 1 week, 77% chances higher high ahead the next week, so the rebound isn't over yet?

[Al_Dente]

WEEK AT A GLANCE

[Al_Dente]

MORE ON BUYBACKS
PKW is an ETF that buys shares of companies that have consistently bought back their own shares.
This ETF is not recommended for trading. It is recommended for eyeballing.
See their holdings/weighting here:
https://etfdb.com/etf/PKW/

Daily chart (as of Friday’s close) shows no volume until October 30.
And comparing the 200sma of PKW vs SPX, it looks to me like folks are buying the BUYBACK firms.

Inspired by this article:
https://stockboardasset.com/insights-an ... trategist/

[BullBear52x]

Want to know what future will be? look at futures.

The deciding factor is line in the sand on this major R/S level. starting tonight.

[BullBear52x]

bigger picture bulls are no way close to be out of the woods. Bulls will be on a defensive mode for a day or two at the least.

[BullBear52x]

Intraday basis, Price pays, we are in a no man's land.

[BullBear52x]

Now Go Out and Vote !!!
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