if AAPL closed with a black bar, then sure it's not good looking.
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BullBear52x wrote:On FA side of thing, well, the earning...Alcoa, Siemens, Phillips, junipers said a lot of the current state health of the economy, even warning in the sense and French have a GDP at 0 (zero) so no recession by definition but what are all this got to do with our day trading? this meant nothing to me but in my head I know QE3 can do a lot of good to trader not Joe the un-employ. here is what mater most
Yes, BullBear!
You know I have been watching SI/DAX for a long time…
DAX breakout versus SI warning and negative is an extreme case of unsustainable market engineering…IMHO
costco wrote:what about red bar? isn't read bar worse than black bar?
Cobra wrote:if AAPL closed with a black bar, then sure it's not good looking.
worse of course.
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A gap up like we have Trin should stay under 1, and the up trend on $NYUPV is positive for the bulls but since we have a gap up like today, the TRIN must stay blow 1 and $NYUPV must stay at least flat or higher than today's high for intraday tomorrow. see $NYUPV on 1 min. chart you will see what I mean.
My comments are for entertainment/educational purpose only. NOT a trade advice.
I did not see this report until now ("largest weekly decline in chain-store sales data going back to 1989"):
ICSC-Goldman Store Sales - Released on 1/10/2012 7:45:00 AM For wk1/7, 2012
Chain-store sales came crashing back in the January 7 week according to ICSC-Goldman's same-store sales tally which plunged 5.4 percent for the largest weekly decline in data going back to 1989. The year-on-year rate, at plus 2.8 percent, is down very sharply from 5.3 percent in the prior week. The report cites warm weather, and its negative effect on demand for seasonal goods, as the cause for the sharp fall. This week's drop follows four prior weeks of sharp gains for this index, which in December, trended higher than Redbook for the first time since mid year. Redbook is up at 8:55 a.m. ET.