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04/28/2021 Market Recap

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Cobra
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04/28/2021 Market Recap

Post by Cobra »

I don't remember I've ever seen 3 doji in a row on SPY so I don't know what it means. It doesn't look like a top pattern because it's flat so probably still some up rooms?
spy.png

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Cobra
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Re: 04/28/2021 Market Recap

Post by Cobra »

5.png
The mention that "FOMC day usually closes weak" was good.
viewtopic.php?f=2&t=4571&p=294054#p294054

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Cobra
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Re: 04/28/2021 Market Recap

Post by Cobra »

Both SPY and VIX were down on the same day for 2 days in a row, buy SPY at the close, HOLD until SPY and VIX moves in different direction, you have 56% chances to make money with profit factor 1.8 which is not perfect.
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JFR
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Re: 04/28/2021 Market Recap

Post by JFR »

Which Dow stocks are trading in the middle of the night? That's a whole lotta green.

2021-04-29_02-00-57.png
Charts posted are not recommendations. They are just a sharing of information.
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