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06/02/2020 Market Recap

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Cobra
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06/02/2020 Market Recap

Post by Cobra »

Still the blue line above is now the magnet.
spy.png

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Cobra
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Re: 06/02/2020 Market Recap

Post by Cobra »

SUMMARY:

Typical range day, didn't foresee the sudden sharp up before the close. Feels like a bear fund was forced to cover, or simply a news?

NOTE:

Right - called range day here (viewtopic.php?f=2&t=4041&p=283379#p283379).

Mostly right - defined the day's range here (viewtopic.php?f=2&t=4041&p=283391#p283391).

N/A - reminded the resistance here (viewtopic.php?f=2&t=4041&p=283395#p283395).

N/A - basically saying don't worry the pullback here it's just to test the range low (viewtopic.php?f=2&t=4041&p=283400#p283400).

Very strong close which if it's because of a news then maybe a gap up tomorrow morning.
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jademann
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Joined: Wed Aug 22, 2012 10:49 am

Re: 06/02/2020 Market Recap

Post by jademann »

If a bear market fund was forced to cover then there will be less buyers in a sell off!
My comments were dictated to me by homie the clown
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JFR
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Re: 06/02/2020 Market Recap

Post by JFR »

Charts posted are not recommendations. They are just a sharing of information.
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