Al_Dente wrote:Everything/everyone is BEAR so here’s to the bulls
SPY is NEVER wrong…
Or as the BIG SNAKE said in January: “”“Indicators don’t work until price [SPY] confirms”””
[per yellow post-it note on my computer]
[edit: oooops SPY is toast…..after this bounce…]
Your girlfriend just left....
Don't short
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
TraderGirl wrote:SCO....take my profits here and see if it breaks out...or pulls back...
Any thoughts on Gold? A small deadcat bounce or the making of a larger bounce. I would appreciate your comments on it.
Not sure what gold will do here, all I can do is look at the daily chart...a couple of times we saw a higher low created with pos d on the RSI on the daily...don't see that yet...
It is sitting at support, but it's possible to get down to the horizontal support around 162.50 on a pullback??
I hope we can close some of those recent gaps (to the upside). Thank you for your opinion. 3 cheers for TraderGirl
Again, I am not a trader of Gold, but here is another pattern to look at...keep an eye on the 50dma on the hourly..has been resistance in the past...
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)
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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.
TraderGirl wrote:Indicators suggest a big move coming...anyone feeling like it will be bullish??
I have a same feeling could be really nice move lot of stops above/below now just to wait which way they choose (I am positioned for long move but I can change that in a second )
MR.M any bars today? IWM 82.58 ?
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)
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.
TraderGirl wrote:Indicators suggest a big move coming...anyone feeling like it will be bullish??
TG did you see my question last page?
Thanks
No, I didn't see that, sorry...I think the VIX is saying something...sitting on the 50dma on the hourly....I feel as though it's signaling a move down?? Are currencies doing a fakeout?? Maybe it's a sellable bounce...but...???