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closing above MON 12 PM candle high at 152.14 is key with volume, 1 min leftBullBear52x wrote:This is not a fight for bears, it's trend following, bulls is counter trend on my read short term swing. look at RSI here on mid to long term, I post this on my corner not too long ago. but then again TA is an odd of probability.SB73 wrote:If a man has to fight, generally best to wait until right at the close as the market very frequently closes at the HOD.BullBear52x wrote:/ES hourly RSI = 89 11 more point to go to hit a perfect 100 sure I am going to get squeeze.
TraderGirl wrote:VIX... A close here above the 50dma would be good...
ClarkW wrote:Out of UUPT. Thanks again TG!
This price action is saying we may see another high....certainly in Dow after pullback....but if you look at the technicals on the Dow and SPX on the daily...you can see we may be seeing those new highs with neg d on the technicals....so we are going to see a sell off, but it's a matter of when...topping is a process it never goes down in a straight line....if we see new highs then we may go down and then test the high again...so it's a process....the market is getting ready for a big pullback...jademann wrote:TraderGirl wrote:VIX... A close here above the 50dma would be good...
TG do you think the stochastic on this chart means trouble for bears?
Looks insane to me but I've only been trading since 2007 and trading for a living since July 2012.Out of Bounds wrote:This is not normal. Look at these swings.
Mercury retrograde gives very strong swings...Merc retrograde started Feb 23...Out of Bounds wrote:This is not normal. Look at these swings.
I am still up 3 dollars could you imagine my next 700 share add on tomorrow if it goes my way. come to dada baby.Out of Bounds wrote:This is not normal. Look at these swings.
Is there a good website to find out the POMO days?kenttown wrote:Long every big POMO day like today.
good luck, joeskittlesmds wrote:Is there a good website to find out the POMO days?kenttown wrote:Long every big POMO day like today.
Jman....On the last correction back in March/April 2012...Dow made a higher high on neg divergences...pulled back, then retested the high...took some time...TraderGirl wrote:This price action is saying we may see another high....certainly in Dow after pullback....but if you look at the technicals on the Dow and SPX on the daily...you can see we may be seeing those new highs with neg d on the technicals....so we are going to see a sell off, but it's a matter of when...topping is a process it never goes down in a straight line....if we see new highs then we may go down and then test the high again...so it's a process....the market is getting ready for a big pullback...jademann wrote:TraderGirl wrote:VIX... A close here above the 50dma would be good...
TG do you think the stochastic on this chart means trouble for bears?
I have no idea what that means or how it works but if you say so, I believe it.TraderGirl wrote:Mercury retrograde gives very strong swings...Merc retrograde started Feb 23...Out of Bounds wrote:This is not normal. Look at these swings.
Here is some info on Mercury Retrograde:Out of Bounds wrote:I have no idea what that means or how it works but if you say so, I believe it.TraderGirl wrote:Mercury retrograde gives very strong swings...Merc retrograde started Feb 23...Out of Bounds wrote:This is not normal. Look at these swings.
Thanks.TraderGirl wrote:Here is some info on Mercury Retrograde:Out of Bounds wrote:I have no idea what that means or how it works but if you say so, I believe it.TraderGirl wrote:Mercury retrograde gives very strong swings...Merc retrograde started Feb 23...Out of Bounds wrote:This is not normal. Look at these swings.
: Mercury is now retrograde February 23-March 17. Our policy is to recommend new positions only to aggressive traders. Therefore, there will be no (or very few) new recommendations for position traders to open new positions during this period. Our experience is that financial markets will swing back and forth every 1-4 days now, so this is a very short-term trader’s market. We will look to capture profits every 1-4 days for aggressive traders, especially on the daily program. There are cases where markets can move sharply for several days in one direction, but it is unreliable that this will happen in any or all markets, so we only look for 1-4 day trades. If runs occur, we will probably miss them, because I simply do not trust technical buy and sell signals under Mercury retrograde. I find more than usual amount of “fake outs” then – prices go above resistance, below support, but then reverse when normally it would be a break out. If trading, you must be very nimble now. If position trading, try not to get stressed out when it appears you are on the wrong side. Try to ride it through, or if you use stops, be prepared to be stopped out, only to find you were right in your original thoughts.
One thing we will look for, however, is a reversal around the midpoint of Mercury Rx (March 6) for any market not reversing right now, near the date it turns retrograde.
Note 2: Unemployment and Payroll reports due out Friday, March 1, which may also cause markets to be skittish and random acting until then.
Thank You helpful lady,TraderGirl wrote:Jman....On the last correction back in March/April 2012...Dow made a higher high on neg divergences...pulled back, then retested the high...took some time...TraderGirl wrote:This price action is saying we may see another high....certainly in Dow after pullback....but if you look at the technicals on the Dow and SPX on the daily...you can see we may be seeing those new highs with neg d on the technicals....so we are going to see a sell off, but it's a matter of when...topping is a process it never goes down in a straight line....if we see new highs then we may go down and then test the high again...so it's a process....the market is getting ready for a big pullback...jademann wrote:TraderGirl wrote:VIX... A close here above the 50dma would be good...
TG do you think the stochastic on this chart means trouble for bears?
Look at the Stochastics on the bottom...at the same time price fell through support, Stochs crossed below the 80 line...this may be late to short, but it's confirmation of a sell....it also falls thru the zero level on TSI...
Currency market is not that excited even copper did not notice the "rally" imo classic short squeeze event (rinse and repeat) JM2CBullBear52x wrote:I am still up 3 dollars could you imagine my next 700 share add on tomorrow if it goes my way. come to dada baby.Out of Bounds wrote:This is not normal. Look at these swings.
Dow jones leading indicator this week, stay nimble all getting scarier..day by daytkvprasad wrote:closing above MON 12 PM candle high at 152.14 is key with volume, 1 min leftBullBear52x wrote:This is not a fight for bears, it's trend following, bulls is counter trend on my read short term swing. look at RSI here on mid to long term, I post this on my corner not too long ago. but then again TA is an odd of probability.SB73 wrote:If a man has to fight, generally best to wait until right at the close as the market very frequently closes at the HOD.BullBear52x wrote:/ES hourly RSI = 89 11 more point to go to hit a perfect 100 sure I am going to get squeeze.
Thanks boss, I am showing off my 3 dollars gain people brags, most are after the fact.KeiZai wrote:Currency market is not that excited even copper did not notice the "rally" imo classic short squeeze event (rinse and repeat) JM2CBullBear52x wrote:I am still up 3 dollars could you imagine my next 700 share add on tomorrow if it goes my way. come to dada baby.Out of Bounds wrote:This is not normal. Look at these swings.
my indicators are clear sell the rip until it works GL bud will likely join u with evil XIV tmr
lolBullBear52x wrote:Thanks boss, I am showing off my 3 dollars gain people brags, most are after the fact.KeiZai wrote:Currency market is not that excited even copper did not notice the "rally" imo classic short squeeze event (rinse and repeat) JM2CBullBear52x wrote:I am still up 3 dollars could you imagine my next 700 share add on tomorrow if it goes my way. come to dada baby.Out of Bounds wrote:This is not normal. Look at these swings.
my indicators are clear sell the rip until it works GL bud will likely join u with evil XIV tmr
Here is the funny fact on USA today: Uncle Ben promised not to let go 85 bil/mo bond buying. but 85 bil/year cut in government spending will starve off the children, job losses, who know? a riot on the street, no cops and fire fighters. I was thinking what if they use the 1 month of bond buying money to save USA for a year? man....I am a genius