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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.
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ALdaytrade wrote: Thank you for the chart. On most days, you do have "the crystal ball!"
Hi ADT, if you are long and you are asking whether you should sell your long because of a lower low...I will just say the market is bearish...so take your profits when you have them...
ALdaytrade wrote: Thank you for the chart. On most days, you do have "the crystal ball!"
Hi ADT, if you are long and you are asking whether you should sell your long because of a lower low...I will just say the market is bearish...so take your profits when you have them...
Thank you. I am not long, I was long for a part of the day! But the $spx is a long way from the 5 sma so maybe a tiny bounce overnight? I am cash.
ALdaytrade wrote: Thank you for the chart. On most days, you do have "the crystal ball!"
Hi ADT, if you are long and you are asking whether you should sell your long because of a lower low...I will just say the market is bearish...so take your profits when you have them...
Thank you. I am not long, I was long for a part of the day! But the $spx is a long way from the 5 sma so maybe a tiny bounce overnight? I am cash.
Plus this 100 sma for $spx is 1578.47, so there might be more action to get above that overnight, maybe, maybe not.
(Worked, way too hard for my $$$ today to give it away in the morning.)