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07/06/2019 Weekend Update
07/06/2019 Weekend Update
Up 1 week, 75% chances higher high ahead the next week so bulls should be fine holding positions into the weekend.
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Re: 07/06/2019 Weekend Update
Last year, the September SPY high was spoiled by negative divergences in the semiconductors (gray) and smalls (cyan).
This year, our recent high (7/3) saw negative divergences in semiconductors (gray), smalls (cyan) and transports (brown, “Dow Theory” non confirmation).
WEEKLY.
This year, our recent high (7/3) saw negative divergences in semiconductors (gray), smalls (cyan) and transports (brown, “Dow Theory” non confirmation).
WEEKLY.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
- Posts: 29596
- Joined: Tue Feb 22, 2011 3:47 pm
Re: 07/06/2019 Weekend Update
I see few short term signs of relief rally pull back is at hand, going into next week I will find excuse to sell. I am with my tiny laptop not much to post this weekend. short term top should be in or close but dips will be bought.Al_Dente wrote:Last year, the September SPY high was spoiled by negative divergences in the semiconductors (gray) and smalls (cyan).
This year, our recent high (7/3) saw negative divergences in semiconductors (gray), smalls (cyan) and transports (brown, “Dow Theory” non confirmation).
WEEKLY.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Re: 07/06/2019 Weekend Update
Late night long term view for Apple: MONTHLY chart.