TLT daily. 3 good up days in a row. Pushing the outside of the Bollinger envelope. At the EMA 50. Not holding. Not recommending. Although many are buying. Possible day trade. The sectors, the alternatives, the Dow, etc. are all in a mixed bag right now. Pick your spots. Just in my opinion.
Charts posted are not recommendations. They are just a sharing of information.
Exited one half at 3798 in front of the fib. I`ll keep the runner alive in case my scenerio of a small rally today survives. Avg daily range is 89 points ,and todays low is 3744.50
koolblue wrote:Exited one half at 3798 in front of the fib. I`ll keep the runner alive in case my scenerio of a small rally today survives. Avg daily range is 89 points ,and todays low is 3744.50
Nice play. Well done. But an earlier call would allow people to follow your play.
Charts posted are not recommendations. They are just a sharing of information.
I had no way of knowing if it would go past the 3786 breakout point untill it happened. i suppose i could have shown the triangle earlier tho. Im exiting the other half a point in front of the 618 fib, even tho i expect 3833 at a minimum
koolblue wrote:I had no way of knowing if it would go past the 3786 breakout point untill it happened. i suppose i could have shown the triangle earlier tho. Im exiting the other half a point in front of the 618 fib, even tho i expect 3833 at a minimum
No worries. Well done. It has continued upwards.
Charts posted are not recommendations. They are just a sharing of information.
Trying to exit 3714 ,in front of the 618 fib. The reason is if you draw your fibs from the A to B ON THE TRIANGLE (the initial thrust) the 618 is at 3714 . 50. better safe than sorry
Last edited by koolblue on Fri Jul 01, 2022 2:44 pm, edited 1 time in total.
A/D issues, advancing 400, declining 100 in $SPX. better looking than yesterday for bulls. need to see new HH from yesterday's high to gain positive price action going into next week.
My comments are for entertainment/educational purpose only. NOT a trade advice.
1) Holiday effect might finally be kicking in as stocks rise
2) If so, the rally should last into next week when the seasonality breaks less bullish
3) Whole month of July is bullish. August and Sept are very bearish
4) Double gap at SPY 397 will be filled sooner or later
Does anyone know where to to download hourly data for excel? Stockcharts lets you download daily and weekly data, and although you can use their charts to look up historical hourly data, there's no option to download the data.
Any help is appreciated. Thanks!
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