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07/17/2021 Weekend Update

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Cobra
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07/17/2021 Weekend Update

Post by Cobra »

Down 1 week, then next week has 60% chances to close up.
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Al_Dente
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Re: 07/17/2021 Weekend Update

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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JFR
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Re: 07/17/2021 Weekend Update

Post by JFR »

SPY daily. Strong bear bar. Pullback to the EMA 20. Hard to breathe the air up there. Descend to get oxygen. More downs? Who knows? But the bulls will keep on buying, until they get smacked even harder.

Screenshot_20210716_164657.jpg
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Al_Dente
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Re: 07/17/2021 Weekend Update

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 07/17/2021 Weekend Update

Post by Al_Dente »

REMINDER of what the TYPICAL July looks like: bullish through mid-month and tepid thereafter
https://jeffhirsch.tumblr.com/post/6556 ... sh-through
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 07/17/2021 Weekend Update

Post by BullBear52x »

From "It is what it is Department" On Friday, the sky, the moon, the sun, and the stars were all aligned in bearish direction.
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Rips will be sold until we test the recent low of support or regain a price back above 5DMA. trade well, Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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JFR
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Re: 07/17/2021 Weekend Update

Post by JFR »

Charts posted are not recommendations. They are just a sharing of information.
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JFR
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Re: 07/17/2021 Weekend Update

Post by JFR »

The happiness index. ;)

https://www.visualcapitalist.com/mapped ... ls-in-2021

Are you happy where you live? Alternatives.

USA and Canada? Yup.

Switzerland? Maybe, although claustrophobic for my North American values.

Scandinavia? Yeah.

Other European countries? Maybe.

Australia? Too hot. Too much sun.

New Zealand? Sure.

Some of the islands? Yeah.

Off the cuff musing only. Heaven or Hell on earth? No arguments, please. Ha ha

Screenshot_20210717_161059.jpg
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Cobra
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Re: 07/17/2021 Weekend Update

Post by Cobra »

$AAII Bull - $AAII Bear down a notch, no extremes.
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Cobra
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Re: 07/17/2021 Weekend Update

Post by Cobra »

Al Brooks comments are not clear, my understanding is more likely it's another minor reversal but be on watch of strong reversal setup: Either strong consecutive bear bars or a weak retest of the high. In short he's in wait and see mode like I do. We both agree at certain point there should be a big pullback but hard to pin exactly when until "very late". I know "very late" is unless for trading, the actual trading should calculate the risk reward ratio, cannot simply wait for a confirmation after a confirmation, this is beyond the scope of my comments here so won't blah blah anymore.
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