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09/16/2017 Weekend Update

09/16/2017 Weekend Update

Postby Cobra » Fri Sep 15, 2017 4:17 pm

SPY hasn't touched its weekly ema20 for 44 weeks (2nd record since the year 1994. The champion was 47 weeks). Usually after a long time no touch, the very first touch would be bought as people finally can buy at 20 week average price. So, bulls should be fine.
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NoTouchWeeklyEMA20ForLongTime.png

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Re: 09/16/2017 Weekend Update

Postby Cobra » Fri Sep 15, 2017 4:19 pm

please don't forget our weekly sentiment poll here: viewtopic.php?f=9&t=2614

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Re: 09/16/2017 Weekend Update

Postby Cobra » Fri Sep 15, 2017 4:23 pm

No stock picks for the next week. Here's the latest strong stocks count:
viewtopic.php?f=10&t=2616&p=244837#p244837

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