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Small gap down, within yesterday's range, so the gap might be filled.
Could be a H&S Top in the forming on the Global ES, need decisively breakdown below the blue line to confirm of course.
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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)
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.
KeiZai wrote:GM here is closer look on crude oil, with short-term weakness this have good odds to play out
Good Morning KeiZai,
What do you see in UNG???
Yesterday it hit 18.82 then pulled back
Thanks,
Joe
HI TJ!
Hammer on support should bounce now but not looking good at all atm, posted chart last friday check it out likely one more low before bigger rebound viewtopic.php?f=2&t=785&p=112210#p112210
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.
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.
Light long.
Trend and summation signals are up.
Not much to say. Still don't like the position.
Vix is cheap. So, maybe a downdraft ahead.
However, it would not surprise me to see Vix suppressed into VX contract expiration (Wednesday open next week).