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Gap down below yesterday's low so there're some chances the gap won't be filled. Something is different this time, as in Jan or Feb, you bet the market gaps up huge but now we've got 3 gap down already.
The Global ES is a straight down, so I guess it's at least 2 legged, the initial rebound might fail.
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My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
Cobra wrote:If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859/tenpp. You need "follow" only once but vote can be done every 24 hours, so whenever you have time, please vote for me, thanks!
Gap down below yesterday's low so there're some chances the gap won't be filled. Something is different this time, as in Jan or Feb, you bet the market gaps up huge but now we've got 3 gap down already.
The Global ES is a straight down, so I guess it's at least 2 legged, the initial rebound might fail.
Thanks, I hope you are feeling better.
The initial rebound is not the rebound you were discussing in last night report, is it?
Wow when it rains it pours,ge downgrade,Mac downgrade,IBM downgrade,Scandisk forcasting big miss,funny how this comes out as the market is breaking down
Cobra wrote:If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859/tenpp. You need "follow" only once but vote can be done every 24 hours, so whenever you have time, please vote for me, thanks!
Gap down below yesterday's low so there're some chances the gap won't be filled. Something is different this time, as in Jan or Feb, you bet the market gaps up huge but now we've got 3 gap down already.
The Global ES is a straight down, so I guess it's at least 2 legged, the initial rebound might fail.
Cobra,
How do you feel today? I hope you have a great day!
EFA
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Cobra wrote:If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859/tenpp. You need "follow" only once but vote can be done every 24 hours, so whenever you have time, please vote for me, thanks!
Gap down below yesterday's low so there're some chances the gap won't be filled. Something is different this time, as in Jan or Feb, you bet the market gaps up huge but now we've got 3 gap down already.
The Global ES is a straight down, so I guess it's at least 2 legged, the initial rebound might fail.
Cobra,
How do you feel today? I hope you have a great day!
EFA
Much better, thanks!
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Cobra wrote:If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859/tenpp. You need "follow" only once but vote can be done every 24 hours, so whenever you have time, please vote for me, thanks!
Gap down below yesterday's low so there're some chances the gap won't be filled. Something is different this time, as in Jan or Feb, you bet the market gaps up huge but now we've got 3 gap down already.
The Global ES is a straight down, so I guess it's at least 2 legged, the initial rebound might fail.
Thanks, I hope you are feeling better.
The initial rebound is not the rebound you were discussing in last night report, is it?
Thanks.
Not the rebound to new high.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Petsamo wrote:Since the DAX is down a lot, over 2%, maybe a bounce is not far off ?
volatility is still very low so systems are still in BUY mode, bounce is very possible
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
Petsamo wrote:Since the DAX is down a lot, over 2%, maybe a bounce is not far off ?
volatility is still very low so systems are still in BUY mode, bounce is very possible
NYSE Decliners >2300 --- not good for bounce hopes (but we've seen this number fade in the past with in a bull charge)
Im hoping for bounce just to add more shorts
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)