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fehro wrote:be very careful today.. "could" have a very sharp down day… NDX weak, under 20d SMA open.. possible H&S NDX over 6 weeks - SPX 20d 2431ish key and 20d SMA on all others
Weekly.. IWM looks uber scary.. on the edge of a HUGE cliff..fehro wrote:fehro wrote:be very careful today.. "could" have a very sharp down day… NDX weak, under 20d SMA open.. possible H&S NDX over 6 weeks - SPX 20d 2431ish key and 20d SMA on all others
20d sma's do key below.. the weekly candles on the indexes INDU /SPX = pure ugliness
http://www.zerohedge.com/news/2017-06-2 ... e-day-hereTrades with cats wrote:Wow look at that bar.
Thanks, a good idea but i'm not sure. Each bar is 350 trades, that is tick based. So those bars are showing a big imbalance in price. That pattern is almost always associated with algos jumping on a news feed and the only positive news today that I know of is new home sales. The whole incident lasted 3 minutes and immediately returned to the prior pattern.
St. Louis Federal Reserve Bank President James Bullard to discuss the U.S. economy and monetary policy at the Illinois Bankers Association Annual Conference in Nashville, TN.