Just pointing out that there are a reasonable number of sell orders around the overnight high, so unless a big buy program is triggered it will be a grind up not a rocket.
Whoops, edit overnight low.
Last edited by Trades with cats on Wed Apr 17, 2019 10:25 am, edited 1 time in total.
Yesterday Transports were going to hell because Packaging ($DJUSCP) got hit hard (you have to buy boxes and stuff BEFORE you ship).
Today transports breakout, because …. something…
($TRAN still far below last-year's high)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Social Media version of a magazine cover.
Larry is the head of Blackrock, the worlds largest investing conglomerate with deep ties into the Federal Government.
Social Media version of a magazine cover.
Larry is the head of Blackrock, the worlds largest investing conglomerate with deep ties into the Federal Government.
Funny graph, guess Blackrock needed buyers (retail) to sell their stocks to!! LOL!
That was very clear. Now we find out if it is, as usual, another range or back down to test the morning lows when the 10:30 Algo Express ran, and ran on time today!
Highlights the problem with new retail money coming into ETFs, it gets deployed right away instead of being held for a bit and deployed on dips like the mutual funds are supposed to do.
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Gap down tomorrow then we will have Island reversal on top of bearish engulfing today. lots of negative signs projection but "in the known" knows that.
My comments are for entertainment/educational purpose only. NOT a trade advice.
either the low was in or there's another higher low revisit as illustrated by dashed blue line and arrow.
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