NYMO cycle may confirm down today.
New up gap established today.
Price is back inside the keltner band.
This gives some odds for a trip down to the middle keltner (or more), but doesn't have to happen or may do so after revisiting the highs.
I am inclined to view it as a heads up for a possible change in character. (could also just be OPEX book balancing... )
I will hazard a guess that any revisit of the highs in the days ahead may come with a negative NYMO divergence. We shall see.
I am flat.
My ES long was breakeven stopped after two profit units scaled out.
My R2K long was profit stopped after two profit units scaled out.
I have short setups percolating, but price is around a support/dip buy level too. So, nothing may happen.
I am thinking I got shaken out of my position here, but such was necessary to honor the setup protocol.
For someone who wants to own clean trends, this year has been a bit funky so far.
Yesterday once more? Up and up till the close? Anyway, testing the day high, now it's the bear's last hope to make it a range day, 40% chances.
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Cobra wrote:Yesterday once more? Up and up till the close? Anyway, testing the day high, now it's the bear's last hope to make it a range day, 40% chances.
Cobra I believe your overnight member page stated that you were out of your last tranche
last night or the night before (?) ... ("I don't have any more to sell") (?)
If my memory is correct, I just wanted to clap clap clap kudos for your call
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Miscellaneous:
Last week it cost about $18 to recharge your Tesla in Texas. This week it costs circa $900 to recharge in Texas.
“ ...we have come dangerously close to the collapse of the entire system, and the public seems to be completely unaware of that, including Congress and the regulators.” [Thomas Peterffy, founder and chairman of Interactive Brokers Group Inc. Wednesday, CNBC, ahead of the GameStop hearing]
'I'm not a cat' [Roaring Kitty, KEITH GILL, testimony from the GME hearing]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra wrote:Yesterday once more? Up and up till the close? Anyway, testing the day high, now it's the bear's last hope to make it a range day, 40% chances.
Cobra I believe your overnight member page stated that you were out of your last tranche
last night or the night before (?) ... ("I don't have any more to sell") (?)
If my memory is correct, I just wanted to clap clap clap kudos for your call
Thank you
But usually I won't be that lucky which means still a month of up ahead?
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SPY 5. A view with StockCharts' new extended hours feature. Including pbars prior to the open. I thought price might hit those this morning prior to the close.
Regular hours. Extended hours. As noted earlier, I would be happy if stocks joined up with forex and futures and traded 24/7. It seems to be moving that way.
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