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04/06/2018 Live Update

Re: 04/06/2018 Live Update

Postby Daniel » Fri Apr 06, 2018 3:25 pm

IYT challenging its Feb low CLOSE (not spike intraday low)...

Likewise w XLI. XLF performed this feat in March, but could do so again with a spike down into the close today.
Last edited by Daniel on Fri Apr 06, 2018 3:32 pm, edited 1 time in total.
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Re: 04/06/2018 Live Update

Postby brokebybernacke2 » Fri Apr 06, 2018 3:28 pm

Trades with cats wrote:Teddy Valley just tweeted
"Since 1990 when the $SPX has lost more than 1.5% on a Friday, Monday saw a lower low 90/ 93x = 96.7%"

But I am not interested in holding over this weekend. The Chinese Govmn't will have something to say when their markets open Sunday evening New York time.


do expect a gap down monday , and then hover a bit around 2520-50 range next week. but wow on those odds....
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Re: 04/06/2018 Live Update

Postby Daniel » Fri Apr 06, 2018 3:45 pm

Breadth readings have not improved much during this upthrust into the close.
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Re: 04/06/2018 Live Update

Postby Cobra » Fri Apr 06, 2018 3:51 pm


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Re: 04/06/2018 Live Update

Postby Cobra » Fri Apr 06, 2018 3:52 pm

well, guess that's it for today. Monday has been mixed. thank you guys, I'll see you in another thread soon.

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