a trade under 151.5 for SPY will bring all my MACD histrogram from 1,5,10,and 60min into the red, that doesn't happen so often for the bears these day,so something to note.
My comments are for entertainment/educational purpose only. NOT a trade advice.
ClarkW wrote:You rang, AL? Sorry, in and out today. What up Doc?
I missed the opening gap
fresh low today, oy
211gdx.png
Me too. She might be ready for a small move up before breaking through this resistance in a couple days. Hopefully my ADD allows me to remember to follow her
Volatility ribbons
The only thing visible here are the smoothed 10MAs
All of these are option traders
EXCEPT FOR XIV (orange) which are the futures-volatility traders
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
pullback indeed, let's see if indeed a higher low. Yes, I see a Triangle but at this stage hard to say the bias (up or down) as the previous trend is simply a consolidation, not up or down.
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ClarkW wrote:You rang, AL? Sorry, in and out today. What up Doc?
I missed the opening gap
fresh low today, oy
Me too. She might be ready for a small move up before breaking through this resistance in a couple days. Hopefully my ADD allows me to remember to follow her
Agree but she is sooooo weak
[when u said break resistance, I “read” that as break SUPPORT, at least that's my take on it....]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.