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03/23/2020 Market Recap

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Cobra
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03/23/2020 Market Recap

Post by Cobra »

Because of a little long lower shadow so today's bar has maybe 51% chances being a bottom bar, not much edges for bulls.
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Cobra
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Re: 03/23/2020 Market Recap

Post by Cobra »

SUMMARY:

Typical range day. Called more down at nearly the low of the day which explained why it's essential to know whether the day is a range day or trend day first. However, nowadays it's hard to know whether it's a range day or trend day though as the government may try to intervene the market at any time.

NOTE:

Right - called more down here (viewtopic.php?f=2&t=3931&p=280243#p280243).

Wrong and this is why it's essential to know range day or trend day - called this bear shall have legs here (viewtopic.php?f=2&t=3931&p=280250#p280250). The rebound actually went all the way to the day high then fail, so a typical range day behavior.

N/A - just a reminder (viewtopic.php?f=2&t=3931&p=280255#p280255).

N/A - just a comment (viewtopic.php?f=2&t=3931&p=280259#p280259).

N/A - a reminder of possible reversal which turned out disappointing (viewtopic.php?f=2&t=3931&p=280263#p280263). How to know when the real knights of shinning armors coming? I don't know.

Right but useless, it indeed was a break down but it didn't go far so from the forecast point of view, it's right but to bet a trade on it would be a loser - called break down here (viewtopic.php?f=2&t=3931&p=280289#p280289).

No conclusion drawn from the close.
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BullBear52x
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Re: 03/23/2020 Market Recap

Post by BullBear52x »

The bottom sign, every body line up, stay calm, we all will get some, I will be up bright early tomorrow :lol:
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 03/23/2020 Market Recap

Post by BullBear52x »

my $VIX signals buy-able SPX today. the swing setup no buy yet.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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JFR
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Re: 03/23/2020 Market Recap

Post by JFR »

ES 5. It has moved up 100 points since the close of the day session.

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2020-03-23_2001.png
Charts posted are not recommendations. They are just a sharing of information.
Heck
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Location: Lake Tahoe, Nevada

Re: 03/23/2020 Market Recap

Post by Heck »

Cup and Handle + Upside-Down Head and Shoulders = LIMIT UP

CNN Fear Rising From 1 = UP

ISEE Sentiment UP

$TRIN < 1

$SPX BUYING > 2,230.50

Few believe UP

We want to sell any rallies

Just as we bought the top

Price what we pay

Growth what we get

We let profits increase

We stop losses

https://www.trendfollowing.com/ed_seykota/
Last edited by Heck on Tue Mar 24, 2020 6:28 pm, edited 2 times in total.
Heck
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Re: 03/23/2020 Market Recap

Post by Heck »

CVX Target - 100 %
From 59.40 to 0
- 9.52 % Dividend
Heck
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Re: 03/23/2020 Market Recap

Post by Heck »

AMZN Target + 74 %
From 1812 to 3144
Heck
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Re: 03/23/2020 Market Recap

Post by Heck »

FB Target - 56 %
From 152.31 to 67.34
Heck
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Re: 03/23/2020 Market Recap

Post by Heck »

GBTC 48.75 High in Dec 2015
23 cent low in Jul 2015
Before 91:1 Reverse Split

Target 0

BEARYA
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