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.
as I said, the pullback would be bigger then the size of tinted area. I really don't like this. I'm neutral now. wait.
Attachments
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.
I don't read it as double top breakdown yet, but let's wait and see.
Attachments
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.
stlwater wrote:If anything, this is going to make the case even stronger for hard assets, particularly gold and silver. I would miners will benefit from this.. GDX could see a very sharp rally. If I were under the euro umbrella you'd be damn sure I would have gold and silver stashed someplace safe. I'm in the USA and I do.
No comment out of the White House concerning the seizure of private property in Eurozone..
if there's no trust into bank safe deposits I guess they should go into gold ...
not good. green line below the support. not sure about target as 26 min to close now.
Attachments
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.
Unique wrote:Bought 1/2 AAPL puts, will wait until breakdown to buy last half
AAPL is in a fast and furious move, these are generally easy fades
-not sure why my post didnt register for 3 times straight..
I'm in the trade with you my friend
Now just pray we don't have a day like today tomorrow
Hourly RSI is at extremes, it's worth the risk. Will cut 1/2 of the 1/2 position out if don't get a profit near closing of today.
I scale in and out as my risk measures.
edit: the 455 weekly puts
posting on ipad is glitchy Cobra, not sure yet
I shorted based on 39 EMA Daily and also hit channel resistance on hourly and 5min channel resistance.
Monthly sell signal is still in place while weekly momentum is still down. Apple Daily is the only downside to my short case as it has a buy signal
However like you say the hourly and 4 hourly is overextended currently...
Fingers crossed Let's help keep each others trade open minded. As bearish as I am, I also need to see the bull case sometimes