The Intraday US Stock Market Discussion Board
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Cobra wrote:this is an adjusted trend line. still I don't remember I ever see a day that didn't touch the EMA20 a little bit.
speechless per si? it willI see, thanks. But higher high tomorrow doesn't mean higher close, right? I've also explained a lot in the past. Same as lower low, I say I expect a lower low the next day, it's always fulfilled, but I didn't say lower close. It's different.STC wrote:I did read your report, you said yesterday "Up huge tomorrow to make a decisive new high then most likely would fall back the day after tomorrow", that means tomorrow Friday market would pull back, so I was surprise when you said tomorrow is guaranteed higher high.Cobra wrote:You don't read my daily report do you?STC wrote:Why is higher high guaranteed tomorrow?Cobra wrote:first of all route A is for intermediate-term.STC wrote:Cobra, do you think in the short term the market will pull back soon, then make another new high higher than today (route A)?
higher high is for tomorrow, guaranteed.
short-term, normally we'll see pullback. just normally. there's always exception.
none taken. You are my Wolfe wave buddy/teacher. I won't get mad at my teacher.I get even. just kidding.99er wrote:Tabby
No offense. I was thinking about #OWS.
Plus ca change...
Me XMan wrote:Ship taking on water?
EUR/USD rolling over...
tdo722 wrote:negative divergence forming on 1min. warning, mayday mayday...
Forget fundamentals for short-term trading.uempel wrote:Mr. BuchNut, I'm not sure if this is a bull market yet. This might go on for a few days/weeks, but medium term the fundamentals should pull the market back down. I read the GS weekly FA report a few days ago, they are extremely negative, say stagnation probability 40%, recession probability 40%. Equity performance in those kinds of markets is weak...
Today my charts were traps. Hope nobody was mislead.
again, I won't read much until the close and more often than not, it took several days to work.MrMiyagi wrote:SPY selling on strength is 424 million $, that is significant in my opinion but of course it may not mean f all.
Tks, and yes, I use it here as an instrument to pinpoint possible highs. Do the same with Fibs. Normally it works quite well, but today was specialjanez wrote:Your charts are nice. I think you draw your red fork prematurely.uempel wrote:Mr. BuchNut, I'm not sure if this is a bull market yet. This might go on for a few days/weeks, but medium term the fundamentals should pull the market back down. I read the GS weekly FA report a few days ago, they are extremely negative, say stagnation probability 40%, recession probability 40%. Equity performance in those kinds of markets is weak...
Today my charts were traps. Hope nobody was mislead.
