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01/16/2021 Weekend Update
Posted: Fri Jan 15, 2021 5:45 pm
by Cobra
Down 1 week, the next week has 61% chances to close up.
Re: 01/16/2021 Weekend Update
Posted: Sat Jan 16, 2021 6:21 pm
by Cobra
Retailers are way too bullish?
Re: 01/16/2021 Weekend Update
Posted: Sat Jan 16, 2021 6:27 pm
by Cobra
$AAII bull - $AAII bear rises, not extreme but enough for a possible top.
Re: 01/16/2021 Weekend Update
Posted: Sun Jan 17, 2021 1:22 pm
by Cobra
AI Brooks' weekly comment: A breakout above bull channel usually reverses down within about 5 bars. Now we have that 5 bars.
Re: 01/16/2021 Weekend Update
Posted: Mon Jan 18, 2021 5:12 pm
by BullBear52x
From "
It is what it is department"Momentum and internals are leaning more bearish but upper trend line is still hold up well. a support on daily mid BB(20/21 not shown here) is clear, one day doesn't make a trend as we are all known this market has its own mind and careless about our feeling or thinking
All short term momentum are ready to fork it

Short term swing got a low, need to see lower lows, it is in an early stage of a trend change from up to down. I will be bearish and sell rips in coming week until buyers can regain price above 5DMA. Keep it simple, Peace!