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01/16/2021 Weekend Update

01/16/2021 Weekend Update

Postby Cobra » Fri Jan 15, 2021 5:45 pm

Down 1 week, the next week has 61% chances to close up.
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Re: 01/16/2021 Weekend Update

Postby Cobra » Sat Jan 16, 2021 6:21 pm

Retailers are way too bullish?
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Re: 01/16/2021 Weekend Update

Postby Cobra » Sat Jan 16, 2021 6:27 pm

$AAII bull - $AAII bear rises, not extreme but enough for a possible top.
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Re: 01/16/2021 Weekend Update

Postby Cobra » Sun Jan 17, 2021 1:22 pm

AI Brooks' weekly comment: A breakout above bull channel usually reverses down within about 5 bars. Now we have that 5 bars.
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Re: 01/16/2021 Weekend Update

Postby BullBear52x » Mon Jan 18, 2021 5:12 pm

From "It is what it is department"Momentum and internals are leaning more bearish but upper trend line is still hold up well. a support on daily mid BB(20/21 not shown here) is clear, one day doesn't make a trend as we are all known this market has its own mind and careless about our feeling or thinking :lol:

All short term momentum are ready to fork it :twisted:
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Short term swing got a low, need to see lower lows, it is in an early stage of a trend change from up to down. I will be bearish and sell rips in coming week until buyers can regain price above 5DMA. Keep it simple, Peace!
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