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03/22/2021 Market Recap

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Cobra
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03/22/2021 Market Recap

Post by Cobra »

I'm neutral here. Maybe down a little more likely because despite it's up 0.8%+ the NYAD is -300ish meaning more stocks were down than up. VIX crashed, meaning put buyers capitulated (what?).
spy.png
nyad.png
vix.png

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Cobra
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Re: 03/22/2021 Market Recap

Post by Cobra »

1.png
Spotted uptrend day early enough the rest of the day was then easy. Didn't see the sharp pullback before the close though, but the rule is when the EMA20 gets touched, book profits after the rebound because the very first touch of the EMA20 usually means the trend is near over.
viewtopic.php?f=2&t=4513&p=292966#p292966
viewtopic.php?f=2&t=4513&p=292980#p292980, the rebound thereafter should be a good point to book some profits.

Too bad, didn't see the pullback wouldn't be bought this time.
viewtopic.php?f=2&t=4513&p=292996#p292996

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JFR
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Re: 03/22/2021 Market Recap

Post by JFR »

SPY 15. "In the early morning ... " Down a bit from the close yesterday.

2021-03-23_01-33-13.png
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