Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Mon Nov 12, 2018 3:01 pm
tech, 15 min
blue lines drawn from nov 5-6 just as a support marker, to show who is strongest/weakest
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Mon Nov 12, 2018 3:18 pm
last 10 days % performance
AAPL is pink; USO is lime
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
brokebybernacke2
Posts: 1955 Joined: Wed Sep 21, 2011 10:10 am
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by brokebybernacke2 » Mon Nov 12, 2018 3:44 pm
now smallies 4 hour PPO - crossover...xlf and spy darn close. again nice short term trend signal confirming longer daily /weekly charts.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Mon Nov 12, 2018 4:00 pm
HAPPY HOUR
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel
Posts: 3484 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Mon Nov 12, 2018 4:06 pm
Al_Dente wrote: last 10 days % performance
Interesting to see that the longstanding inverse relationship between Transports and Oil has (at least temporarily) reasserted itself.
Daniel
Posts: 3484 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Mon Nov 12, 2018 4:07 pm
From Stock Trader's Almanac (STA):
DJIA has been up 10 of the last 14 years on Monday of option expiration week. S&P 500, NASDAQ and Russell 2000 have not been as bullish as DJIA, around or on November option expiration. S&P 500 has advanced only 16 times during options expiration week while NASDAQ and Russell 2000 have climbed only 15 and 14 times respectively, over the past 24 years. All four indices have posted average losses on Monday.
Any weakness this coming week could be a good entry point for new longs, ahead of the usually bullish Thanksgiving holiday. Also note solid strength during the week after options expiration, since 2002.
Daniel
Posts: 3484 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Mon Nov 12, 2018 4:21 pm
Since 11am, note the range on SPY but the series of higher lows on IWM...
QQQ has been somewhat in-between, a little bit of upslope.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Mon Nov 12, 2018 4:30 pm
GS weekly
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
JFR
Posts: 10270 Joined: Sun Dec 02, 2012 7:24 pm
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by JFR » Mon Nov 12, 2018 4:39 pm
Checked a few things today. Didn't trade.
Big picture. Now that'll get your attention. Ouch. 500 points. Whither goest the market?
Charts posted are not recommendations. They are just a sharing of information.
Daniel
Posts: 3484 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Mon Nov 12, 2018 4:49 pm
JFR wrote: Whither goest the market?
So far, wherever goeth AAPLE. ..
brokebybernacke2
Posts: 1955 Joined: Wed Sep 21, 2011 10:10 am
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by brokebybernacke2 » Mon Nov 12, 2018 4:51 pm
Al_Dente wrote: GS weekly
The attachment 1112gs.png.png is no longer available
precarious market, bulls need to step in asap.
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Cobra
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by Cobra » Mon Nov 12, 2018 4:51 pm
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Cobra
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by Cobra » Mon Nov 12, 2018 4:54 pm
well, guess that's it for today. Tuesday tomorrow has been generally bull friendly. thank you guys, I'll see you in another thread soon.
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https://stockcharts.com/public/1684859/tenpp
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Rezito
Posts: 102 Joined: Fri Feb 25, 2011 1:07 pm
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by Rezito » Mon Nov 12, 2018 4:54 pm
Looks like a close near LOD with spill over into tomorrow. spx target of 2530 in sight.
VIX filled the gap and above 20 is bearish imo.
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Daniel
Posts: 3484 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Mon Nov 12, 2018 5:00 pm
AAPL just before close: -5%