BullBear52x wrote:Bear flag all over the indexes...heads up boys and girls
on what time frames? Daily charts look fine to me...if intc can break above 21.75 uptrend will continue.
these pullbacks, especially in the tech and small caps are normal beta volitility - sure you can trade it but unless there is a real breakdown that hammers the tecnicals then you get profit taking followed by consolidation followed by a move higher - this has been the bears problem since aug last year and why they get skinned!
Attachments
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x. Nice setup for 1-min.
Someone stuck a fork in?
From Guy Lerner
Spiking oil is usually how equity bull markets end. It was only a matter of time before all that Fed created liquidity found its way into the oil markets, and the unrest in the Middle East is the spark to light the fire.
Me XMan wrote:BullBear52x. Nice setup for 1-min.
Someone stuck a fork in?
From Guy Lerner
Spiking oil is usually how equity bull markets end. It was only a matter of time before all that Fed created liquidity found its way into the oil markets, and the unrest in the Middle East is the spark to light the fire.
Thx, bearflag is not confirm unless the recent low is taken out. Caution, this could turn into bear trap!
My comments are for entertainment/educational purpose only. NOT a trade advice.
Still nothing to say. Don't know the volume surge means anything here. The overall picture still looks like a continuation pattern so after the consolidation/rebound over, we may see the market continue down. For now, no idea when the consolidation/rebound will be over.
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.
If I may guess, a little pullback here should be...
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.
One more guess for totally clueless day. Volumn surge plus 3 push up and at range high, so should be a small pullback here.
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.
Purely from the chart, breakout on the upside has better chances.
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.